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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 TechTyon May 26, 2015 4:10pm
183 Views
Post# 23766436

RE:RE:RE:RE:RE:RE:RE:thoughts

RE:RE:RE:RE:RE:RE:RE:thoughts
     i agree.. i hope the takeover is friendly and does depend on the exit packages for the BOD but i do remember reading something about the BOD voting in regulations to help protect shareholders in the case of a takeover but i can't remember any of the details.  I'm still quite new at investing in mining stocks or stocks in general so i dont' have a lot to compare this stock to and where to set my sights on near term or long term prices. 
     all i can really go on is what i can get from reading between the lines of the various new releases.  Solid financials that appear to be getting better with new drilling, enough credit to get themselves financed during a political coup detat's, roughly on time for production in early 2016 with regulations in place to protect shareholders in the case of takeover.  no matter how i look at it there seems to be all upside potential baring a complete and utter political breakdown that i see as quite unlikely.  
    everything looks as if roxgold is going to make a go of it on it's own i just with i knew how far it was gonna go. i feel like we should see that 80 to 90 cent mark this summer and maybe a slump before production starts in 2016. i wonder what target prices for this stock will be with full production goign.
Bullboard Posts