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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 studpuppyon Apr 21, 2022 10:59am
170 Views
Post# 34620117

RE:Gap closed

RE:Gap closedNews came out...we did hit the low 0.40's ....(0.42 actually) , did the market like the new acquisition?? time will tell, since this just became a very long term play...

Curious to see how they will come up with the $175M to finance the new plant ...(if i read correctly)   

We will revisit 0.335-0.34 area before going up to mid 0.40's again with the financials (if good of course)...

When all said and done by 2023-2024 and 1 billion shares in circulation get ready for a reverse split , this will still be a penny stock for the next 2 years...IMHO....hope i'm wrong 

GLTA 
regards stud
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