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Bullboard - Stock Discussion Forum Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBD

Metals & Mining Gold
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 > An other bad news!!!
View:
Post by Piment on Mar 28, 2024 8:25pm

An other bad news!!!

Three, I'm starting to beleve in You, the good new is not for tomoro... I hope the wind will be change for a better sky!!!
GLA
Comment by bveilleu on Mar 28, 2024 9:05pm
It's not a surprise Piment... Shares consolidation was approved at the last AGM... the only missing information was the due date...  Next step will be moving to the TSX board GLTA
Comment by Tree2tree on Mar 28, 2024 10:20pm
The consolidation in itself is not bad news, but it is the result of years of bad news and bad management.  The share price has been on a straight-line downtrend since 2020, and is still overvalued.  This is a classic value-destruction company.  When a company is not able to create a higher share price through profit and growth, then in desperation they resort to a share rollback ...more  
Robex Resources Inc