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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 sunsurfer11on Mar 05, 2020 10:30pm
124 Views
Post# 30773363

RE:Cash flow is considered the most important metric...

RE:Cash flow is considered the most important metric...Wish that was true..but reality is that they have low oz reaerves given the nature of the mine..if they can get 2 to 3 m oz in reserves then see some serious action..until then..good story, questionable geographic risk and too low a reserves..cant compare to an s&p business that has a 20 year life ahead of it
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