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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 12, 2012 10:10pm
336 Views
Post# 19660418

RE: Seems to a coordinated effort

RE: Seems to a coordinated effort

People were worried about the last PP that hit the market (23 million shares at .85) sometime around mid Feb and look what happend. 

I told everyone that was worried that it wasn't a concern.  The last 3 PPs were all mainly institutions and these people see where this is heading.  They are not looking for a quick 4 month double especially when we have yet to figure out the lmits of the deposit as it is open in all directions!

We may be se small dip as weak hands sell but the overall trend will not be affected if they continue announcing these high grades at surface and the deposit keeps growing.

 

Bullboard Posts