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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 Bever73on Apr 15, 2020 1:42pm
120 Views
Post# 30912580

RE:RE:RE:Shorters are trying to stop the inevitable

RE:RE:RE:Shorters are trying to stop the inevitable Yes but this current mine is nearing the end ; its not like this co has a long runway...5 years maybe ....then the next one......so i see 5x 90m FCF , then 300-500m npv seguilla ....700m max maybe ...maybe... Thats a $2.00 SP
oxinos wrote: 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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