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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

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Post by mmodanoon Apr 16, 2018 3:32pm
187 Views
Post# 27893017

Trading pattern - weird

Trading pattern - weirdHi all. I am still holding to my Roxgold shares (+/- 210000). However I am more and more concerned about how the stock is trading. Apart from the 100-200 shares that momentarily jack up the price to 1.18 or 1.185, there are always big transactions following these peaks that bring the share price to the 1.14/1.16 range. Not sure on who is constantly selling when this price is reached (RBC/Questrade sellers mostly), but I am getting a bit nervous because of this. Any thoughts? Thanks.
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