Roxgold Inc. T.ROXG

Q1 results are out

[silentreader]

A whopping 1,9$M net income, EPS = 0
Impressive, very impressive.

Of course, caused by external factors....  What else do you expect from an executive team...

Outstanding job John.

[Method]

Agree solid quarter 

[yoshka2000]

If so, then why is the stock sitting stagnant below a dollar, and the Co. don't think have any gold gedged unless gold is expected to much higher?

[Method]

The company is a very low cost producer with little debt and has limited mandatory capital expenditure plans for the next little while. There is no financial reason to have significant gold hedges.  Why is the stock below $1? Probably because some investors don’t understand mine sequencing and think Q1 was a bad quarter. Others don’t like Burkina Faso as a place to invest in. I can