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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
Post by Rob0012on Dec 16, 2014 11:55am
202 Views
Post# 23235796

At this point...

At this point...
I can't imagine the Cohen accepting shares in payment for due interests at 10 cents a share when we hardly stand at 4.5-5, without sending a strong message out there about their willingness to make this story successful.  I have no more clue what will be the end result but I belive it's better for me to keep my shares and either win the rewards one day or to never see 1 dollar back from that all mess.
If I were them or have voice to the board, and like I mnetioned earlier, I would roll out shares 1 for 10 and issue new capital at 50 cents, all pre-organized.  We would then have a profitable producer with reduced outstanding shares  (300M/10 = 30M plus 30M to get the 15M$ they say they need = total OS of 60M...WOW!).
we'll have to wait in 2015 to hear more news/updates from them.....oh well...no gifts under the Stock Market tree this year for Robex shareholders!....
Rob
Bullboard Posts