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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 TechTyon Jul 31, 2015 10:04am
116 Views
Post# 23979451

strange

strangewell, im not gonna lie. i'm a little disapointed to see the stock sink under the 70 cent level, lets just hope that the 60cent resistance can hold until we get some news.  This year has been funny for roxgold it seems.  By now, according to the history on their website, we should have had their second quarter results.  I also wonder whats taking so long to get the drill results done. Do you guys think their waiting to close the 18million financing before reporting quarter results? 
On a side note i've been kinda following skeena resources and recently read an interview with Ron K. Netolitzky (an apparent legend in mining) who said that takeovers usually come after a company has a feasability study and completed infill drill results right before production. Makes me think that maybe roxgold is doing some negotiating with a bigger company possibly. Maybe i'm just an optimist but i cant make any sense out of the silence coming from the company.
Bullboard Posts