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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 Jul 13, 2012 11:04am
237 Views
Post# 20110855

RE: SMF Interested

RE: SMF Interested

There are many producers in the region that would be interest but SMF's Mana mine is right next door and they have all the infrastructure there so they would be the best suitors for ROG's property. 

I have been told that they have a good relationship with SMF and have used some of their equipment/assistance  in the past so they know each other well.

What I heard a while ago is that when time comes and someone makes a move on ROG to expect a possible bidding war for it since there are a few majors eyeing it and they would most likely fight to get ROG. ROG's deposit is one of a kind for the region and majors will definately want to get it.  This is why I'm in ROG and continue to buy....

63% institutional ownership and Mr Lennox-King (refered to as the Kinpin of Juniors) wants control to take this to the finish line.....

Bullboard Posts