Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Joseph_Kon Oct 20, 2017 10:55am
267 Views
Post# 26836512

RE:RE:RE:Buyout

RE:RE:RE:Buyout
barkingdog wrote: Stock is frustrating.....held for a while...sold bought in ...but really cantl understand downdraft with gold price firming up?


Oh I don't think it is that hard to understand.   The market seems to expect some sort of a micro earnings or even a loss in the next quarterly report, so it is selling off.   But this is still early days.   Expenses are higher in the early days.  You have to look to the future and imagine where it might be in 6 months or a year from now.

For the short term, who knows when this trend will reverse.   Stocks at close to their yearly lows, just as tax loss season is starting up, well they do tend to keep heading lower for a while.   I think it is oversold here, but I'm definitely waiting to see a bottom turn put in before throwing more hard earned cash at it.
<< Previous
Bullboard Posts
Next >>