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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 goldbull636on Mar 07, 2012 8:17am
257 Views
Post# 19637090

RE: not putting the cart before the horse

RE: not putting the cart before the horse

Yes, there is a botttleneck at the labs to get the cores processed so this is why they have been sending the high visible gold sections to Canada via plane for processing.  They don't want to be slowed down by the long wait at local labs.

Also don't forget the results we are getting for the 35/55 area are only the visible high grade sections that they decided to send to the labs in Canada.  The rest of the cores which still contains gold are being processed at local labs so eventually these will be combined with the visible grades to give us much longer intercepts.  Yes, the grades of the high visible gold is very impressive as they are high and near surface but the overall intercept of the mineralization will be very interesting!

Bullboard Posts