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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 Sep 12, 2014 11:24am
138 Views
Post# 22930608

RE:RE:RE:RE:News out - Robex plans gold dore sale by end of Q3

RE:RE:RE:RE:News out - Robex plans gold dore sale by end of Q3POG is on a downtrend mode...$1250 is the Feasibility study breaking point and we<re breaking down $1230 as I write this...puts obvious pressure on our investment.  With all the good management of the world, if POG plummets to $700 like someone suggested (not that it scares me), this all project will be turned down until POG recovery...
I did some readings on the POG prognostics and I would say that the average is saying that the POG will play between $1200 and $1300 over the next 12 months.  We should be all right...but that is why we call it risky business...
Rob
Bullboard Posts