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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

Post by GreenGeckoon Jan 02, 2021 1:07pm
346 Views
Post# 32209567

For 2021, with Roxgold we expect.....

For 2021, with Roxgold we expect.....a buyout offer from Teranga.  Teranga will be rolling in free cash flow and want to enter the realm of major African gold producer.  
Some will expect a buyout offer from the Chinese.  Maybe.  But the Chinese seem more concerned with base metals albeit not entirely base metal focused.  
Teranga is a gold producer, and they have proven that they can build relationships with African governments.
Good luck to all in 2021.
Holding shares anticipating a good offer.  
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