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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 richsooneron Aug 25, 2012 3:17pm
209 Views
Post# 20260377

RE: Freewest- facts?

RE: Freewest- facts?

As much as I hate to admit it,, Freewest was right about SP going down.  If people had sold between 0.70 and 1.00 they could have bought back in and doubled their position.  He predicted 0.30 bottom,, I disagree! I believe mid 0.40s was the bottom. Initial resource estimate is out and can only get better as more lab results come in! Freewest never really bashed the company or it's potential,, he just hates management (and he is not alone) Everytime management spoke , the SP fell! I believe the bad times are gone and believe the SP will hit at the every least $1.00 soon enough!! Anything above $1.00 is gravy but it was overhyped too soon and management left us with no news for long periods of time and that fueled the downward spiral!! They still have A LOT of cash and with everyone watching them like a hawk, I expect they will be very careful how in how they allocate those funds going forward. If you're getting in for the first time,, it's a great entry point!! If you bought in at over $1.50 ( You may want to average down!)  Just my opinion but we will see $1.00 again and that's the minimum!

PS ( I am a shareholder)

Good Luck to most

Bullboard Posts