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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
Post by kmilneon Nov 30, 2014 11:22am
284 Views
Post# 23178369

Mining contracts

Mining contracts
https://www.presstv.ir/detail/2014/11/28/387828/burkina-faso-to-review-mine-permits/

This could cause a kneejerk selloff in the Burkino miners but I see nothing to worry about for Tgm or Rog. It seems more directed at the people or companies just sitting on claims for speculation purposes. It also mentions encouraging investment so the mining code should not be changed in a negative way that would impair profitability.
Bullboard Posts