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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
Comment by flyingnunon May 08, 2011 12:00pm
225 Views
Post# 18546108

RE: RE: RE: Financing

RE: RE: RE: Financing
Sorry, my previous posting never worked (the beauty of the Stockhouse site)...what I was trying to say is that it can't be assumed the financing is a done deal like some posters have suggested...it is a bought deal yes but that does not mean the financing will proceed with the terms initially announced...if you read that release carefully you will see that there is a rather vague statement in there that it is subject to certain conditions but it does not elaborate...my concern is that with the current stock price significantly lower they will end up repricing the deal....hope I'm wrong anyhow it is supposed to close this coming week so we should know soon enough. GLTA 
Bullboard Posts