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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF

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.


TSXV:RBX - Post by User

Comment by Torontojayon Jul 24, 2020 9:22pm
82 Views
Post# 31317677

RE:RE:RE:RE:RE:Nothing has changed!

RE:RE:RE:RE:RE:Nothing has changed!
digrdan wrote:

I do agree that this 'should' eventually start to catch up but I'm not sure what's happening or is the purpose of keeping it down as we don't have a big short volume and a relatively low float with so much tied up with the management. 

Anyone have thoughts on why this might be held down right now?


You hit the nail in the head with this post. Low float and shares tied up by management. I don't see any insiders selling their shares they recently exercised. I believe the cfo sold some shares in June but it wasn't the entire amount. Insiders appear to be bullish on the stock. 

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