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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 Tree2treeon Oct 11, 2022 7:56pm
489 Views
Post# 35018481

RE:RE:The situation in Guinea

RE:RE:The situation in GuineaRBX is so lucky to have the Phool helping to deny the risk of a project that is hyper-risky in any objective assessment.

It's not the article that is "shocking".  The average investor would be shocked if they had any idea how chaotic the situation is in Guinea.  I know what I am talking about on this issue.  But don't take my word for it, look up Guinea's ranking in terms of ease of doing business, corruption etc.  Better yet, talk to people who have worked in mines in Guinea when the government (or the latest coup leader) sends armed soldiers to say "hand over the gold" etc etc.

If a shock-proof mine builder like Friedland thinks it's time to hang back on Guinea, others should think twice about throwing money there.
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