Roxgold Inc. T.ROXG

Gold Price and season

[challenger426]

Looks like we may have to test $1200/oz before a possible reversal.  This is the gold season although you would never guess it but remember that gold can do well anytime from here to the 1st week of October.  Look at the last 5 year gold chart and you can basically find a decent spike in every year during this period.  Gold looks oversold right now so the odds of a reversal very soon are quite good.  Roxgold would greatly benefit with any gold price spike but is still making money at $1200/oz.  Good time to buy your train tickets, leaving soon.

[ds760]

Agreed. You can't go wrong loading up at this level. It will pop back to 1.40. It's the perfect stock for trading within a set range. Make your cash then wait for the next cycle and do it again. 

[mikebarq]

This post has been removed in accordance with Community Policy

[YOURBOSS8]

this thing should sling shot back up once this seller finishes dumping their load

[U30LATE]

Seasonality is good. Volume dropped off today. Looks like selling is drying up. It was almost like someone had to get out at the end of the day. 

[davwal]

imo it will see 88 cents before 1.40

[JOHNNYBOYO1]

1 star and ignored by 36.   Speaks for itself.

[ds760]

anon seller at .99 cents gone. Should be a good day to the upside. Enjoy if you loaded up. Next up cycle starts now. 

[ds760]

Anon sitting at $1 now. Still not done it seems. 

[davwal]

88 cents it is today.speaks for itself

[silentreader]

With gold diving 16$ again today you shouldn't be surprised. They reported strong Q2 results IMHO and 0,88 is obviously oversold.

[YOURBOSS8]

the funds have their algo's tied in to the POG.   This is exciting times for ROXG.  Bagassi is almost complete and their still tucking cash away.  Just wait until bagassi is up an running and there's extra cash $25 million per quarter hanging around.    I say the algo's have it wrong

[silentreader]

Good call.