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Bullboard - Stock Discussion Forum 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... see more

TSX:ROXG - Post Discussion

Roxgold Inc. > Drill results
View:
Post by Curbside100 on Jan 18, 2021 9:29am

Drill results

Outstanding --maybe this will get stock moving back up
Comment by GUY2012 on Jan 18, 2021 12:20pm
Results are great, but as per usual...good news never seems to have a positive effect on this stock. The geopolitics of the environment they operate in is just not favourable in the eyes of the market. Also, the timing of NR's never seems to be "insinc" with momentum when the SP is infact increasing (when it does ?)
Comment by stocksnbonds on Jan 18, 2021 3:41pm
Yes, great results indeed!  If we did not get the bump now, we will once the resource is updated. There are 4 drills on the Koula property in question! That's huge. Gold has also come off it's August highs. Once we see the $ US start declining again, we'll see a reversal in gold.  This is frustrating for all longer term investors although we know that there's much gold ...more  
Comment by Curbside100 on Jan 18, 2021 4:51pm
they could split into two stocks --thats another way of releasing the value on the new project --- I could strip mine these results 
Comment by stocksnbonds on Jan 19, 2021 12:25am
They can release value by splitting the properties but that's only if they sell off the mines to bigger entities that have cash and can finance. If they keep both which makes more sense, one mine pays for the other with no equity dilution for shareholdersn so why sell the mines/properties individially? The key is not to have the dilution. If you break them apart, how will you finance the new ...more  
Comment by Curbside100 on Jan 19, 2021 10:11am
If they can strip mine with no additional financing its even more feasible to split and not sell anything ---
Comment by GUY2012 on Jan 19, 2021 12:34pm
Who keeps selling down here ?  Its mind boggling !!!
Comment by Curbside100 on Jan 19, 2021 1:32pm
this selling driving me crazy 
Comment by GUY2012 on Jan 19, 2021 1:40pm
Curb dood,   if I were a mid tier producer (in this region or not) but looking for ounces,, the prospects look so good from "here-on" that I would take the opportunity to buyout ROXG while its valuation is disgustingly cheap.......what are the bigger players with so much cash on hand waiting for....."BUY a BARGAIN when you see it "!!!!!!!!   Who cares about ...more  
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