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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 harry55on Mar 28, 2012 1:29pm
456 Views
Post# 19728660

JUST GOT OFF THE PHONE WITH THE OFFICE.

JUST GOT OFF THE PHONE WITH THE OFFICE.

They told me one fund was really hitting the bid hard over the last few days.They seem to have stopped selling this morning. They still haven't heard anything from the lab yet,the lab seems to think the time lag is a non issue. That is why all new cores will be coming back to Canada until they get the lab issue in Africa resolved. Right now we have a deposit that is just short of 1.2 kilometers on strike length, has visible gold down past 675 meters on the only deep hole they got drilled. They found 2 satelite zones running parallel with the main zone, which results are pending. This is a high grade near surface deposit,off the cuff they figure they have 1.7m oz. right now to a depth of 250 meters,so if this goes to 700 meters and deeper and open in at least three directions this could be huge. When results from the cores that were sent in (many which had visible gold ) do finally come back this stock should push to new highs. You can call the company and confirm what I just posted here.

Bullboard Posts