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Bullboard - Stock Discussion Forum Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

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

Bullboard (TSXV:RBX)

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Comment by bveilleuon Mar 28, 2024 9:05pm

RE:An other bad news!!!

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
Post by Pimenton 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
Post by ABDPhilon Mar 26, 2024 10:23am

Evaluate first, choose later.

What investors will end up understanding is that the two subjects covered in the latest press release are inseparable.   If Robex can afford to talk about closing Nampala in 2026, it is ...more  
Comment by ABDPhilon Mar 25, 2024 3:18pm

RE:RE:RE:What would you do..

Yes, this is indeed the case, because the depreciation of the fixed asset will be subtracted from income. That said, it will reduce the result on which taxes are calculated. And less taxes to pay ...more  
Comment by Tree2treeon Mar 25, 2024 1:31pm

RE:RE:What would you do..

WTF???  I hope most readers realize that the phool is spewing total garbage at this point.  So writing down overvalued assets increases EBITDA?  And creates money out of thin air to ...more  
Comment by ABDPhilon Mar 25, 2024 11:29am

RE:What would you do..

Accounting standards are strict, and it is these rules that determine what is recognized in the operating expenses and assets of the company. Operating expenses are subtracted from income and reduce ...more  
Post by Tree2treeon Mar 25, 2024 8:40am

What would you do..

..if you were the Malian government, and you saw a mining company fiddling with accounting entries in order to avoid taxes and negotiate for financial concessions?  If Nampala is actually making ...more  
Post by ABDPhilon Mar 22, 2024 12:44pm

UNDERSTANDING requires a lot of effort

Obviously, Tree2tree's disinformation campaign did not have the desired effects. That said, the SP may be bottoming out, but the trading volume is too low to be a capitulation. Now we have a ...more  
Comment by ABDPhilon Mar 20, 2024 3:26pm

RE:Positively...

Nampala's depreciation on the income statement will become an expense that will be subtracted from pre-tax profits. That said, this should avoid paying taxes in Mali in 2023, and carry the balance ...more  
Post by ABDPhilon Mar 20, 2024 12:50pm

Positively...

The idea of applying a depreciation to the Nampala project soon is not a bad decision. Without considering the panic exerted on the market, it is important to understand that this is only an ...more  
Comment by Tree2treeon Mar 19, 2024 10:03pm

RE:RE:Where will the price settle..

The gold, along with the money invested in shares of RBX, has gone to all the things mining companies spend money on during construction and operations - executive salaries, other salaries ...more  
Comment by businesscopon Mar 19, 2024 8:47pm

RE:Where will the price settle..

Thank you tree2tree thanks to you I did not fall into the trap of Robex and ABDPhil. Where has all the mined gold gone?
Post by Tree2treeon Mar 19, 2024 10:54am

Where will the price settle..

..after the reality of the situation has been digested?  Nobody can predict of course, but here is my own wild guess:   - I would put the fair value of the company at 3 to 5 cents/share ...more  
Comment by Tree2treeon Mar 19, 2024 9:20am

RE:Don't be fooled

Dear phool, it's not the end of humanity, but it is the end of your fantasy world.  What I predicted at the end of 2023 is exactly what we see unfolding, although the company as usual has ...more  
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