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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 oxinoson Apr 15, 2020 1:08pm
122 Views
Post# 30912377

RE:RE:Shorters are trying to stop the inevitable

RE:RE:Shorters are trying to stop the inevitable With the price of gold at this level of $1700.00+ the free cash flow will be about
US $90.0 million. A very conservative 8 times cash flow will more than suffice to reach the $2.00+ share price. Most analysts project a price of gold in the $2000.00 range for this year and even higher in the next two to three years. I don't even add anything that may come into production from Seguella in three years and don't even place any value for it at this price.
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