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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 Dec 03, 2012 8:47pm
352 Views
Post# 20678094

Gold juniors

Gold juniors

I have been doing this gig for decades.

Nice to see you alive and well IKE

What I see with ROG is better then a 60% chance they have the real thing here. 

I also see that they will be out of cash when they really need to drill big to sell this.

Unfortunately going to the market in the middle of a worldwide financial meltdown is pretty tough.

ROG has a big bulls eye on it for me when the Venture finds a bottom. It will be one of the first to recover I believe. However in the next 10 weeks the financial well being of the Venture Exchange is dubious at best. 

So I'm cautioning that $.70c  is better then $.35c  To hold 10,000 shares might not be to bad for some. If you have 250,000 shares I'm not so sure. 

I would like to see normality but I'm not getting the sense that it will be a reality in the next 6 months.

I have often seen posts like this especially pre the U.S. real estate meltdown. People were warning and I ignored them. It cost me in the millions. I'm not sure this time it will be as bad but I'm 90% cash now and riding a few small horses only because I love the dynamics. 

IKE I wish you well 

 

Bullboard Posts