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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 > After the Swiss vault is filled
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Post by silverT on Jul 31, 2020 7:43am

After the Swiss vault is filled

I would like to revisit the quarterly dividend..........I think the vault idea is great and I wish more miners would do the same. Thing is , I'm not a 40 year old pup anymore and a divi would suit me just fine . I wouldn't even care if the SP went up or down , though chances are it would double .For me a steady retirement income is what I'm after and I don't think I would be alone thinking this way.
Comment by ABDPhil on Jul 31, 2020 8:25am
I understand what you are saying and what you are hoping for. But I believe that the primary objective of this gold reserve is to optimize the price obtained on the markets. I would be very surprised if the shareholders were eventually deprived of a dividend in order to accumulate more and more gold. Such a choice could be compared to a form of speculation on the price of long-term gold and that ...more  
Comment by silverT on Jul 31, 2020 9:30am
Best of both worlds , we agree Phil...........RBX can  , protect wealth and supply a steady income .
Comment by ABDPhil on Jul 31, 2020 11:48am
Perhaps a market close with a new high on the value of gold. There are investors who are scared of the weekend.   3 days off for the Canadian market. Be careful.
Comment by digrdan on Jul 31, 2020 6:50pm
Listen - I love you guys and I know we've had our differences.  You bring a huge positive spin on all of this which is a big reason I started to invest here.  However, something must be up for this to never move during this run.  You both love to quote the price of gold/silver and the historic run its on, but dismiss the questions about why rbx never seems to follow those runs. ...more  
Comment by Torontojay on Jul 31, 2020 8:10pm
Keep in mind that from August 2015 to November 2019 the stock was trading in the range from as high as 13.5 cents to as low as 5 cents. Many investors that could be selling today may have purchased the stock when it was a lot cheaper to where it stands today. With a lot of choices for investors in the gold sector many will abandon this company and move on if they've already made 5-6 times on ...more  
Comment by Torontojay on Aug 02, 2020 8:50pm
Don't forget that Robex is trading in line with companies under 500 million when you look at price to book and price to sales ratio. As the companies book value and cash position increase over time then its price to book will go up proportionately to its increase in earnings. Give it time and you'll see the results will show up in the stock price at some point and if we're lucky it ...more  
Comment by digrdan on Aug 03, 2020 10:32am
I get all that, more focussed on this recent historic gold run the past month and how we seem to be totally unaffected by it. I have two stocks that were priced approximately equal or less than this a month ago and now they are close to double it. Something doesn't add up here, just trying to wrap my head around it.  only thing that makes logical sense is that we already had a run, and ...more  
Comment by Torontojay on Aug 03, 2020 11:44am
Exactly! The companies that had lower margins will inevitably go up higher with a rise in gold prices. The Robex rally occurred earlier than some of the more recent rallies but I'm hopeful that over time We can separate ourselves from the competition. 
Comment by watchdogontario on Aug 04, 2020 9:57am
We've already had our run? If companies with a higher cost of production experienced a later run, the companies with lower production costs are then making multiple size profits and should be enjoying a huge run. You are right though, it is hard to get your head around it, because something is not right.
Comment by digrdan on Aug 04, 2020 4:23pm
The usual pumpers are now quiet on gold's biggest breakthrough... hmm. If you are quoting me, I was only paraphrasing sprott and trying to explain/understand why this hasn't moved during gold's historic run.  It doesn't make sense here when everything else seems very clear at this point. 
Comment by silverT on Aug 04, 2020 7:20pm
It's easy digs..........just sell and move on , are you afraid of being left behind...maybe ? Seems to me you got in around .20 so you did alright , I'm sure we can find another whiner in your absence....just saying. 
Comment by digrdan on Aug 04, 2020 9:51pm
You tried to do this months ago... look back at those comments and cross reference with my posts on other boards at that same time... I have done extremely well in gold since then and now am shaving my profits to dramatically increase my position here without any increase in original investment.   This is not an 'I told you so' moment', but hopefully some of the 'koolaid ...more  
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