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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 kensinon Nov 29, 2012 8:54pm
304 Views
Post# 20663738

RE: New management

RE: New management

We retracted from $1.06 to $.70c  Before the coup it was $.70c we would be back to $.40c right now. we may get there yet as this market has gone BEAR on the Venture. If you have money in these stocks get out now while you still can. QE4 is coming but QE3 only gave us a 30 day lift s o don't expect much. when the U.S. Financial Cliff is avoided in January everyone will see it's already in the price as being pre resolved. So with ROG's last drill results we just break even guess where this market is going . $.70c is better then $.35 and that is no slap at the company at all. Risk is ZERO coming up and the Venture will be on life support. The only hope you have is big guys cruising for take over deals but  ROG is not there yet. Cash will be King. Think 2008 for the Venture and be ready for the deals next September. 

 

JMHO

Bullboard Posts