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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Bullboard Posts
Post by dudediligenton Apr 13, 2011 1:33pm
444 Views
Post# 18425532

Risk Potential

Risk PotentialOne must not risk too much capital on two holes...I mentioned in an earlier post the remaining holes are in an area (Bagassi South) that HAS NOT produced great results. A lame NR will sink this boat.

“The market liked the grade and the widths,’’ said Jim Mustard, vice-president, Investment Banking, Mining with PI Financial Corp. in Vancouver. But he warned that with only two key holes driving the stock, Yaramoko is still very much a “work in progress.’’

Be careful out there...

Bullboard Posts