Bullboard - Stock Discussion Forum Roxgold Inc. T.ROXG

Metals & Mining Industrial Metals & Minerals

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

Add To Watchlist

TSX:ROXG - Post Discussion

Roxgold Inc. > News - 42% premium

View:

Post by mercedesman on Apr 26, 2021 7:53am

News - 42% premium

https://stockhouse.com/news/press-releases/2021/04/26/fortuna-and-roxgold-agree-to-business-combination-creating-a-low-cost

159

Comment

Comment by goodheart-r on Apr 26, 2021 8:08am

Fortuna buys roxgold $2.48

Comment

Comment by Consvestor on Apr 26, 2021 8:14am

Shoot! Long term this company would be worth so much more.

Comment

Comment by GGreen on Apr 26, 2021 9:27am

Just as I thought this was starting to have some legs to run - mgmt taps out! Arrggh! I wouldn't normally be disappointed with such a jump in the stock price but in this case I think they are leaving much more value on the table. $40m breakup fee aside, mgmt and largest ROXG SH make up less than 20% of ownership. It will be interesting to see how other large investors view tranx. But ...more

171

Comment

Comment by ozkan123 on Apr 26, 2021 9:55am

Hi GGreen, I've held ROXG few years now (avg cost 0.50ish) and about a year ago I bought some FVI. I did sell about half of FVI couple of months ago when it got to about high 11's. Bottom line is, if all the stories about price of silver going up is true and FVI goes back up to 12ish, then that puts ROXG at the mid 3's, still another dollar up from current. I couldn't find ...more

170

Comment