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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
Comment by Atheenaon Apr 18, 2011 11:40am
250 Views
Post# 18446609

RE: RE: Atheena, mike..you 2 onboard..

RE: RE: Atheena, mike..you 2 onboard..

excellent post Jr.

I bought in an an excellent price and bought more to average up near the top price range. Oh well.  This company isn't one you trade out of during bad days as you will take a beating. I could have sold my shares in the 90's and made a ton of cash BUT DIDN'T because my greed told me there would be more upside yet to come.  I still think that this is true.  I will hold my position and do EXACTLY what intended to do with this stock.  Buy and wait for more holes.  They will be released and with any luck they will be good.  BF is a good gold area play.  The country is known for it and management claims that they have good properties that have a ton of potential.  Some of the more astute institutions have agreed and invested.  I'm sure they didn't invest blindly.  You don't get their money without a REAL chance that the stock will spike hard and they can make out like bandits.   I will stay the course and allow this market to correct itself and find a comfortable level.  Today we are trading at too steep a discount IMO.  Time will tell.  2-3 weeks for more drill resuts.  Let the speculation begin.  Only the lab knows for sure.

This has been an ugly month for my stocks.  I could use a good workout.

Off to the gym,

Atheena

Bullboard Posts

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