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Bullboard - Stock Discussion Forum 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... see more

TSXV:RBX - Post Discussion

Robex Resources Inc > Nothing has changed!
View:
Post by watchdogontario on Jul 24, 2020 9:05am

Nothing has changed!

I see the SP is still being manipulated.
Comment by silverT on Jul 24, 2020 10:35am
Plenty has changed especially where it counts............Gold is now over 1900 US . RBX is killing it !
Comment by watchdogontario on Jul 24, 2020 6:09pm
I'm well aware of the current price of gold, and that is part of the issue.  Here we sit at .34 which is considerably lower than this stock should be. The SP is being manipulated now just like it was when it was back at .07. They place a large block of stocks at a relatively low price, and anyone else that wants to sell has to sell for less, and guess who buys them up. Meanwhile the ...more  
Comment by silverT on Jul 24, 2020 6:44pm
 " The SP is being manipulated now just like it was when it was back at .07. "  BIG DEAL............10 months later we at .34 and still the manipulation persists , keep er coming boys , play all the your games and don't forget to keep printing .
Comment by digrdan on Jul 24, 2020 8:45pm
lt's the last 3 months that are the concerning part.  I get that their was a good run ... but it 'should' have continued with the price of gold. We hit 0.33 mid April... when gold was around $1700 which is why some people are rightfully starting to ask some questions. I do agree that this 'should' eventually start to catch up but I'm not sure what's happening or ...more  
Comment by Torontojay on Jul 24, 2020 9:22pm
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. 
Comment by PragmaticBull on Jul 24, 2020 9:55pm
Agreed!  Insiders love this as much as we do. If that wall was put up by insiders we should see soon and then we'd have an issue.  But I think we are all confused why this isn't skyrocketing again after this week for gold. We need some Eric Sprott love soon here maybe!
Comment by studpuppy on Jul 24, 2020 10:53pm
IMHO i doubt E. Sprott would invest in a company where management owns more then 66% of the float ... Let's see what in the next couple of weeks will happen , technically we are ready for another nice ride , everything has cooled off , daily and weekly. And IF we are being held down, well something is going to give soon because it can't go on like this alot longer, because lots of ...more  
Comment by potxebor20 on Jul 25, 2020 1:32pm
Watchdogontario you have understood the system very well and the chief manipulator is a client of RBC, which has been doing it for 10 years and is unfortunately tolerated by the administrations in place why?
Comment by watchdogontario on Jul 27, 2020 8:57am
Sounds like you see what has been happening, with a third party investor. Always pops up when things should be moving upwards rapidly, and puts the brakes on to keep the SP low. Going from a speculative company with no production, and huge debt with a SP of .20 to a company that started production and was paying off debt and showing profit the SP dropped to around .07, and seemed to stay there for ...more  
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