IKE...to your point Last year at the PDAC I spoke to the then CEO (recently retired)of Semafo and he was proudly showing me the 225 million that they had in in cash with an additional 40-50 million going into the bank quarterly. I asked what one would do with so much cash and he smiled and said that cash is good for expansion. Then he pulled out his phone to check something and noticed that on his main screen he has a few stocks he was tracking. The first one was Semafo...but the kicker was that V.ROG was his second! As you already probably know Semafo is located just 15km away from the roxgold property. 15 kms. Let that sink in. Semafo has plenty of land that most probably will keep them drilling and mining for many years but I'd think that a scooping up of Roxgold's assets in Yaramoko would be very smart considering their infrastructure is in place and that Rox's grades are fantastic and would be very profitable to mine as they are near surface as well. Just my personal insights but I think they are plausible.
Burkina Faso is starting to come into its own. I'm heavily positioned with Roxgold and Riverstone Resources and both companies are lining up their ducks in a big way. I wish you all much success in this tough market.
Have a great day and I'll plug a stock that is starting to get some BIG attention ...v.pec...check it out if your bored or have some other spec money. .23-26 cents
Atheena