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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 > It's funny how...
View:
Post by studpuppy on Jan 24, 2022 4:37pm

It's funny how...

No one on this board is concerned what is going on with Robex, and I mean stock price wise??
People we are sitting at 0.33 and everyone here is celebrating with the last NR, this is ridiculous!

Markets recovered today but that is IRRELEVANT , because where was Robex during 2021 when the markets were hitting records week after week....ah yes we were stripping and sitting at 0.40-0.45 range, no upside no nothing. Now markets get jolted and the stock price crash is justified ??? hell no

Oh did I mention gold is still above $1800, that hasn't gone down, so what gives??

I as a shareholder am FED UP with all the shenanigans going on right now with this company. 

Also, 5 years ago Mr Goulet had the audacity to buy 70k shares at 0.08 WITH HIS OWN MONEY , no stock options, just his own cash..the point i'm getting at , it's been 5 yrs NO insider buying , just selling , selling , selling , no directors, no owners nobody believed enough to buy on the open market shares of their own company , now some might say they have enough shares why buy more, i don't buy that bs. If they could sell, they could buy...or they don't believe in RBX and are there only for the payroll ???

Wake up people , enough is enough, this what happends when management owns close to 70% of  shares , no accountability , no fear of losing their jobs, making tons of money on the payroll, what do they care about stock price.

Is this rant over? no i'm not done , more to come

really frustrated shareholder, open your eyes guys something is wrong here.

regards stud
Comment by TheGesharoo on Jan 24, 2022 5:33pm
All will be forgiven if tbey give us two (2) fat dividends this year to share the wealth.  .08 (x2) sounds about right. glta, g
Comment by gossamer5 on Jan 25, 2022 12:47am
This post has been removed in accordance with Community Policy
Comment by ABDPhil on Jan 25, 2022 12:15pm
@TheGesharoo: According to my calculations, Robex had at December 31 a sum of approximately $28 million in cash. I estimate a sale of 15,060 ounces in 2021-Q4 and a delayed sale of 2,245 ounces in the month of January 2022. Therefore, Robex will have a cash position of approximately $33 million as of January 31. The POG was estimated with the average daily price for Q4.   Consequently ...more  
Comment by jakayo6 on Jan 24, 2022 6:35pm
This post has been removed in accordance with Community Policy
Comment by shorelunch on Jan 25, 2022 12:20pm
  At the end of the day, it's a fully valued family business.
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