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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 goldbull636on Apr 26, 2012 10:02am
96 Views
Post# 19838153

bottom

bottom

Looks like the over reaction selling is over and the bottom was established yesterday.  Good bid support by those that have done their DD.

About 30 cores at the lab so we will get more soon since the 1st batch was quick.  1000m drill rig testing some deep targets.  If they find the sourc of the mineralization expect this to move very quickly.  Sometimes it takes a fewmisses before finding it!  Some had unrealistic expectations that on the 1st batch of deeper holes that they would have found it.  Although the tools used today are better than before there still is a lot of guess work involed to find the good stuff.  So far they have the good stuff at surface and if they find it below this will drastically increase the size of the depost!  Don't forget they also have identified what they think are similar deposits parallel to zone 55 which have yet to be drilled!

Bullboard Posts