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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.


TSXV:RBX - Post by User

Bullboard Posts
Comment by rob12on Oct 31, 2012 10:08pm
223 Views
Post# 20548050

RE: A few questions and please do not see anything

RE: A few questions and please do not see anything

1.   I was told ounce that very often, production expectations are never met and cost of  production is always   higher than expected.    TRUE...however, our feasibility study was built on very conservative assumptions, decreasing this risk factor, still existant nonetheless.    

2.   I read somewhere lately for what it's worth, that less than 10% of junior mines in South Africa are succesful (don't remember where nor when).   TRUE...and?  Robex will be one of ten successful!!!

3.   Now that the Cohen family owns 30% of RBX, does that mean that they control the destiny of the company, meaning that if they decide that they don't want to be a public company anymore they can just offer the shareholders whatever they want to and there's nothing we can do about it?   RIGHT and FALSE...they can offer the remaining shareholders whatever they want...the 70% still can refuse any offer...we'd have to vote........

Bullboard Posts