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Roxgold Inc. T.ROXG

Metals & Mining Industrial Metals & Minerals
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

Roxgold Inc.
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Comment by hammerhead13on Jul 02, 2012 11:35am
182 Views
Post# 20074798

RE: RE: RE: RE: NOT OVER YET

RE: RE: RE: RE: NOT OVER YET

alright freewest let's see how you crunch your numbers to give the company a mcap of $245 million at $1/share!!!??  go on their website.  they have 122 milion shares outstanding right now.  current mcap is $64 million - $30 million cash on hand = $34 million currently assigned to their properties.  how can you possibly calculate $245 million at $1/share?????

 

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