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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

Comment by Atheenaon Sep 29, 2017 9:09pm
253 Views
Post# 26761511

RE:Looking at ROXG

RE:Looking at ROXGHi stocksnbonds. I hold large positions in both stocks EDV and ROXG.  I wouldn't lighten up on EDV.  Hold it as it is undervalued.  Roxgold should get bought out in 2018.  If you don't have it in your portfolio maybe look to add during a downturn.  The stock usually trades around 1.13-1.28
I expect a buyout would be around 1.75-2.50...but Roxgold needs to dig up for oz's.  This will get them their higher valuation as they have a lot of stock in the market.  Good company though.
Atheena
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