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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.


TSXV:RBX - Post by User

Comment by ABDPhilon Nov 29, 2020 3:44pm
365 Views
Post# 31997293

RE:RE:RE:Creative accounting ...explained

RE:RE:RE:Creative accounting ...explained

I understand that you are currently researching what the market sees to explain this SP gap. But don't overlook the possibility that the market could be wrong.

Whether your goal is achieved in 3, 6, 9 or 12 months, in any case you will have a tremendous return.

Regarding the budget allocated for drilling, it should be understood that this is only a budget and that the objective is not to spend this budget in full. This is also true of the total number of meters to be drilled. The goal is to demonstrate a sufficient amount of reserves and if the goal is met with a fraction of the planned budget, we will be a winner.

My personal opinion is that I am confident that the management team determined this target based on a possible increase in production capacity. It is these new reserves that will justify the investment required to take Robex to the next level. I am particularly confident about this.

Eventually, you can say that the market now understands what you have understood for a long time ...

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