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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 Lostchannelon Nov 28, 2016 6:18pm
121 Views
Post# 25524397

Realistic?

Realistic?A $2.70 target would be wonderful but will macro economics such as interest rate rise which keeps gold prices flat or lower stop this from happening? All gold stocks generally move in tandem unless there is a catalyst event. I would hope this happens here. It is a relativley small stock which traders know but its not well known in the public domain. I still see it as a long term hold, a core gold holding and wait for these prices.  
Bullboard Posts