RE:Roxgold, The most under valued gold junior?
I have been here since around 70 cents saying that ROXG is very undervalued. I will say it again now at $1.50, even without the other mine in production. Do the math, you have 120-130k production at AISC of $930-$990 with about 372M shares out. Avg gold price for 2020 is $1657 and rising. This is a cash flow machine right now.
Interest rates are expected to stay low for a very long time. Market uncertainty will be with us as well. This is good for the gold price. Once ROXG has their other mine in production, $2 bucks will come quickly in my opinion. One other thing to keep in mind is the recent M&A goining on in the gold sector. DGC, SMF, ALO, ASR, and GUY all merging or being bought. Why not ROXG?