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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 99999goldon Sep 09, 2014 6:45pm
159 Views
Post# 22921248

RE:new to gold

RE:new to goldstart with their website. 

typical mining op is 1g/t some are more some are less than that.

so if you look at roxgold's drill results so I think they're at 15g/t - what this means is simple - you're moving less dirt, more grams/ounces and cheaper to run the operation overall. 

590 is probably one of the lowest number I've seen for AISC. Its a takeover target because of all the above I mentioned even if gold falls below 1200. 


Bullboard Posts