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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 28, 2020 12:57pm
273 Views
Post# 31629344

RE:RE:Get a life ABDphil, you will say

RE:RE:Get a life ABDphil, you will say
Hello Stud,
 
You will soon be celebrating your silver wedding anniversary  ;O)
 
Today, more than ever, we realize how important it was to build up a good position when shares were available. For our part this is not a problem but for a first purchase, it gets complicated. Seriously, it would take more shares to sell. A gradual increase in the stock price on small volumes is the most likely scenario for the moment. When the 2020-Q3 financial statements are released at the end of November and investors realize that this quarter's revenue is greater than the total revenue for 2017, some will ask where they were headed.
 
The top 5 offers currently have a total of 77,500 shares for sale but it would cost up to 60 cents.
 
In the event of a share buyback by Robex, I seriously wonder at what price this offer should be made to make the transaction worthwhile.
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