RE:RE:Earnings are in, here's a link to the highlightsOutstanding results indeed!
AISC now under $1000/oz which was expected but never know in this industry.
These guys are making roughly $1K profit per gold oz mined! That's just unreal !
The big knock against ROXG in the past was that it was a one hit wonder with only Yaramoko producing. With two additional gold discoveries in its portfolio..... this company is no longer a one mine operation. It has two up and coming proven gold areas to explore and mine.
In three years, this company will look much different than it is now. It'll be a solid mid-tier producer unless it's taken over by another bigger fish needing oz to mine.
Yes, ashame that the results came out on a poor trading day. I anticipate another bad POG trading day tomorrow but ROXG will hold its own. As for me, this is a buying opportunity if the price does dip further. Only blue skies ahead with ROXG! Amazing margins.
Good luck tomorrow and great job ROXG operating Yaramoko !
sb