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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Bullboard Posts
Post by Atheenaon Apr 16, 2011 8:41am
457 Views
Post# 18440848

Africa

AfricaThere is no use in posting about the political issues in Burkina Faso.  This is an exploration company in AFRICA for G's sakes.
Of course there can be political unrest...it is standard operating procedure there.  Near term there are some issues here due to political problems.  We see this all over the world in varying degrees...Japan(tsunami/earthquake), Peru (elections), Bolivia (politics), Egypt (politics), Libya (same), USA (dollar issues, economy), etc, etc.
You buy into the stories that have the most potential gain.  ROXGOLD is that.  If the gold is there you can bet that the price for Rox will be in the multiple dollars.  Perhaps not this week or next month but in short order it will be there.  So ask yourself this...why did you buy?  Speculation and a quick flip?  Then you are screwed.  Investment in a high density gold area play?  Chances are you will see big money in this stock.  Relax and wait it out.  Panic only makes everyone paper poor.  I'll bet that by May this is all forgotten.  Africa folks!  You didn't invest in Swiss Government Treasury Certificates..AFRICA...

jeesh.

Atheena
Bullboard Posts

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