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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 moneysworthon May 13, 2012 8:00pm
357 Views
Post# 19904272

RE: RE: Institutional ownership now 67%!!!

RE: RE: Institutional ownership now 67%!!!

Bottomline, they'd never have taken such huge positions in the first place if they didn't see tremendous potential in this play! No junior can nail down the type of financing Roxgold has in these markets. A long string of drill results are on the way for some time to come, as well as resource estimates, that will put this one on the map. Sentiment for miners will turn, and just as insiders are now accumulating ROG shares, investors will be jumping in again soon. Just to too many positives here...GLTA.

Bullboard Posts