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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 ABDPhilon Sep 16, 2020 12:27pm
426 Views
Post# 31567491

RE:Lots of options being exercised!!

RE:Lots of options being exercised!!
Thanks Stud for the information.
 
This coordinated gesture by the management team and the board of directors is a demonstration of the confidence they have in this project. This is a great signal for the market.
 
Beyond all the growing financial results for more than 3 years, the formidable deleveraging that preceded a total of 6 cents paid in dividends and the recovery of the state of mineral resources, it must be understood that despite this, everything will continue to to improve.
 
To date, results have yet to be obtained for 129,000 meters of drilling, of which just over 30,000 relate to 2 zones sufficiently advanced to obtain additional resources from this year. The gap will allow the remaining areas to be developed, in preparation for subsequent years. Thus, we will obtain a continuous flow of results for a few years.
 
It's step by step that it works with Mr. Cohen
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