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Bullboard - Stock Discussion Forum
Robex Resources Inc
V.RBX
Alternate Symbol(s):
RSRBD
Metals & Mining
Gold
Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and...
Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.
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Bullboard (TSXV:RBX)
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(28)
•••
Tree2tree
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Comment by
Tree2tree
on Mar 28, 2024 10:20pm
RE:An other bad news!!!
The consolidation in itself is not bad news, but it is the result of years of bad news and bad management. The share price has been on a straight-line downtrend since 2020, and is still
...more
(29)
•••
bveilleu
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Comment by
bveilleu
on Mar 28, 2024 9:05pm
RE:An other bad news!!!
It's not a surprise Piment... Shares consolidation was approved at the last AGM... the only missing information was the due date... Next step will be moving to the TSX board GLTA
Q Precious & Battery Metals to Drill Initial 1000 metres at La Corne and McKenzie East Gold Projects, Quebec
posted Apr 18, 2024 9:00am by
Q Precious & Battery Metals Corp
-
|
The Company is planning for an initial 1,000 metres of diamond drilling scheduled for mid- June 2024, with VMS targets on the La Corne South project at proposed depths ranging from 50 to 300 metres below surface as modelled by the EM survey and noted in historic drilling. TMC Geophysique completed deep-penetrating Pulse-EM -Time Domain Electromagnetic (TDEM) surveying on the claims that targeted ...read more
(1)
•••
Piment
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Post by
Piment
on Mar 28, 2024 8:25pm
An other bad news!!!
Three, I'm starting to beleve in You, the good new is not for tomoro... I hope the wind will be change for a better sky!!! GLA
(0)
•••
PressRelease
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Post by
PressRelease
on Mar 28, 2024 7:30pm
New Press Release - Robex Announces Share Consolidation
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESQUEBEC CITY, March 28, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. ("Robex" or the "Company") (TSXV: RBX) announces today that its Board of Directors has approved the implementation of the consolidation of the...
read article.
(161)
•••
ABDPhil
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Post by
ABDPhil
on Mar 26, 2024 10:23am
Evaluate first, choose later.
What investors will end up understanding is that the two subjects covered in the latest press release are inseparable. If Robex can afford to talk about closing Nampala in 2026, it is
...more
(161)
•••
ABDPhil
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Comment by
ABDPhil
on Mar 25, 2024 3:18pm
RE:RE:RE:What would you do..
Yes, this is indeed the case, because the depreciation of the fixed asset will be subtracted from income. That said, it will reduce the result on which taxes are calculated. And less taxes to pay
...more
(28)
•••
Tree2tree
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Comment by
Tree2tree
on Mar 25, 2024 1:31pm
RE:RE:What would you do..
WTF??? I hope most readers realize that the phool is spewing total garbage at this point. So writing down overvalued assets increases EBITDA? And creates money out of thin air to
...more
(161)
•••
ABDPhil
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Comment by
ABDPhil
on Mar 25, 2024 11:29am
RE:What would you do..
Accounting standards are strict, and it is these rules that determine what is recognized in the operating expenses and assets of the company. Operating expenses are subtracted from income and reduce
...more
(28)
•••
Tree2tree
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Post by
Tree2tree
on Mar 25, 2024 8:40am
What would you do..
..if you were the Malian government, and you saw a mining company fiddling with accounting entries in order to avoid taxes and negotiate for financial concessions? If Nampala is actually making
...more
(161)
•••
ABDPhil
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Post by
ABDPhil
on Mar 22, 2024 12:44pm
UNDERSTANDING requires a lot of effort
Obviously, Tree2tree's disinformation campaign did not have the desired effects. That said, the SP may be bottoming out, but the trading volume is too low to be a capitulation. Now we have a
...more
(161)
•••
ABDPhil
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Comment by
ABDPhil
on Mar 20, 2024 3:26pm
RE:Positively...
Nampala's depreciation on the income statement will become an expense that will be subtracted from pre-tax profits. That said, this should avoid paying taxes in Mali in 2023, and carry the balance
...more
(161)
•••
ABDPhil
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Post by
ABDPhil
on Mar 20, 2024 12:50pm
Positively...
The idea of applying a depreciation to the Nampala project soon is not a bad decision. Without considering the panic exerted on the market, it is important to understand that this is only an
...more
(28)
•••
Tree2tree
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Comment by
Tree2tree
on Mar 19, 2024 10:03pm
RE:RE:Where will the price settle..
The gold, along with the money invested in shares of RBX, has gone to all the things mining companies spend money on during construction and operations - executive salaries, other salaries
...more
(10)
•••
businesscop
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Comment by
businesscop
on Mar 19, 2024 8:47pm
RE:Where will the price settle..
Thank you tree2tree thanks to you I did not fall into the trap of Robex and ABDPhil. Where has all the mined gold gone?
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