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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 Keggerson Nov 21, 2018 5:54pm
248 Views
Post# 29007279

RE:RE:sub .80!!!

RE:RE:sub .80!!!Yes...very frustrating on the share buyback..I did email ROXG Investing Relations back on Sept/18 inquiring on their share buy back and was told "We are continuing to montitor the market and will execute on the buyback when we believe it is prudent to do so"....
I do like the increased allocation of funds to the Exploration Budget of $3 million...Maybe they feel it is more prudent to put the money there shorter term for better long term value to both the company and share holders...Who knows? All I know is that they continue showing excellent Q results, Bagassi South is almost done and the price of Gold appears to be heading up.....The only down side I see affecting the share price is the  Terrorist activity in north east Burkino Faso. But to my understanging ROXG's location is far from any activity....
So yes the share price is disapppointing but I will continue to hold and buy the dips..I added more today at $0.80. You just never know when a stock is going to move...


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