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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 Oct 12, 2011 2:33pm
223 Views
Post# 19142258

Profit is profit ONLY if....

Profit is profit ONLY if....you think that the price will drop and that you can determine the best buy back point.  I personally don't mess with this stock.  A friend of mine has done exceptionally well buying the run and selling the news on this and many other stocks however I think that Roxgold is going to be a special case.  ***Now if Rox runs to 2.25 in a spectacular fashion I can see the idea of selling but not at these prices.  Roxgold is pulling up gold in virtually every hole and their assays are fantastic.  Give this stock time to mature and it will get taken out for a nice multiple.  I can't wait for an 43-101 on their property.  It should prove to be a bonanza grade deposit that will value Rox a great many multiples above this price.    I think the best philosphy with a stock like this that you have to wait on is to take your money off the table and let the rest ride.  If you follow this one daily you'll get a headache...or you better be an excellent trader.
I'm holding for more results and a better price.  I think we are at the very beginning of the ride.  We should be over $1.50 in short order.

Good luck to all,

Atheena

PS- plenty of volume for those of you who want to cash out so congrats!!   Hmmm, I wonder who's buying up all those asks? lol.
Bullboard Posts

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