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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

Comment by stocksnbondson Nov 07, 2017 3:49pm
143 Views
Post# 26920663

RE:Resistance to Stock Appreciation, Only a matter of time

RE:Resistance to Stock Appreciation, Only a matter of timePrice is up though today on less than average daily volume. Many shares outstanding. This will move up on good earnings though. More investors will get in once they see that the firm is a cash cow assuming gold price holds. 

Great margins! Hopefully Au price breaks 1300 psych level. 
ROX will be able to conservatively produce between 150,000-160,000 oz with the satellite pit included. Not too shabby for a junior producer. 

sb


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