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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. > 1.1B valuation becomes 900m?
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Post by bever64 on Apr 27, 2021 9:58am

1.1B valuation becomes 900m?

All approximate of course...but rox @ 2.25 is about 20% lower due to fvi getting smoked. Enough room for another bidder considering the 40m break fee???
Comment by bever64 on Apr 27, 2021 10:33am
Maybe EDV.TO can summon up 1B dollars in stock and cash for roxg ; there cap is over 7B dollars....why not keep fortuna out of their juridiction and grow their empire at the same time?? I think rox is a safe hold from here anyways unless there is a geopolitical event..... quote=bever64]All approximate of course...but rox @ 2.25 is about 20% lower due to fvi getting smoked. Enough room for another ...more  
Comment by RONNIE111 on Apr 27, 2021 11:19am
I have been thinking it would be logical for EDV to takeover RoxG for a long time.  EDV is all over that part of Africa, EDV has lots of cash these days, and is great at building new mines.  But EDV has a bunch of potential projects to build already.  RoxG mine and potential mine are cheap enough to operate to satisfy EDV's cheap mines only requirement.  But EDV has said no ...more  
Comment by Curbside100 on Apr 27, 2021 12:17pm
EDV could look at ORE 
Comment by Hopeful123 on Apr 27, 2021 1:14pm
Mgmt sold us out. After 10 years this is all we get..
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