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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 auburn2on Mar 08, 2019 7:56pm
90 Views
Post# 29464184

RE:RE:RE:Yaramoko Gold Mine

RE:RE:RE:Yaramoko Gold MineNo, check his track record. It's very good. I don't care if it's inherited wealth, just that it's a good degree of skin in the game so it ensures he has a significant amount of money on the line to maximize value for other shareholders. As for EV/EBITDA, ROXG is cheap, but that's not the best metric for a company whose revenue runs out in ~6 years. A company like STEP has revenue for how many years? Endless... since there are no reserves to exhaust. STEP is better value, but gold stocks always seem overpriced to me. Compared to other gold stocks you ROXG is a good bet over the next 16 months.
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