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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 vwigon Jul 03, 2012 2:57am
295 Views
Post# 20076168

RE: goldbull

RE: goldbull

Freewest....  You ask Goldbull to show you a plan and then talk about viable resources and producing at a profit.  You may have to realize that the value of a junior explorer like ROG and many many others, if you have been at this for some time, does not lie in producing,extracting or mining but in exploring, finding and defining a resource so that it can be sold to a major or JVed.

The idea that ROG would even be thinking of mining or producing is ludicrous at this stage, so how can you ask Goldbull for something he cannot possibly give you at this stage?  On the other hand, if you would take the time to call the company and speak to the people involved, you would already know that there are a great number of smart people who have put substantial money in this play , because they believe that ROG will indeed show a resource that can be of interest to a potential suitor.  Institutional support speaks much louder than anything you can counter with at this point.  Of course, I realize that you may be on the short side here, and that is your prerogative, but realize that not everyone in this market is a newbie, just in case you were of that opinion.

Now, of course, no one would begrudge you the right to believe that you are more cunning and savy than most of the institutional investors in this play, but in all honesty, if you truly were, you would most likely not be spending so much arguing with retail investors on a bullboard site, and instead would be doing further research to make sure that you continue to add to your wealth and perhaps increase your real or perceived knowledge of this market.

From what I can see, Goldbull is a passionate shareholder, who seems to be in contact with the company, and on top of his investment. Although he may come across as very positive, he is perahsp so because he is  someone who is actually looking after his investment by talking to the company to find out where they are going with this and how things are developing. There is no greater benefit than doing you own dd and knowing who you are dealing with.  It is easy to sit on the sidelines "shoot the messenger", as it were, than to actually pick  up the phone, and call the company to find out what they are up to.  

These days, everyone is a critic, but few people take as much time to do their research than they do trying to discredit others who have done it.  Perhaps a few phones calls to the company and a better understanding of why Goldbull is so passionate about this play might assist you in either seeing what he sees, or at the very least countering it with factual information instead of insisting on asking him questions that are not really his to answer, but more so the companys'.

Go ahead, be the bigger man and call the company and ask them exactly what you ask of Goldbull. If you are not satisfied with their answer, you can, if you hold shares long, move on to a greener pastures by selling them, or if you are short, increase your borrowed share count to make even more money while it still drops.........yes?

This constant bickering though is just childish, but then again........like they say, we are all allowed an opinion. It is seemingly a free world, so I am told.

cheers and GL.

Vwig.

 

 

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