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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 GUY2012on Aug 07, 2020 6:41pm
138 Views
Post# 31381414

RE:Pro profit taking has..

RE:Pro profit taking has..I'm not sure its the pros selling ROXG.......volume seems to low for that (under 700,000 shares ) for the past 2 days. I think its retail day traders because it seems at this point there are not that many "buyers" or "sellers" as everyone is waiting on Q2 results (Tuesday) and the outlook provided for Q3 (and gold is up $200 from the end of June).   With gold hovering above $2000, and more stimulous to come out of the US, I think ROXG moves towards $2 by the end of the month...unless we get a low ball take out offer while the SP is still cheap.   IMO
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