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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 shinshinon Apr 30, 2021 5:15pm
507 Views
Post# 33105951

RE:RE:RE:Too small ..... needs to get bigger

RE:RE:RE:Too small ..... needs to get bigger

Does anyone know if Robex still has a drilling program going on at site and if so, how many rigs are still working?

Also, if they are still drilling is there a timeframe as to when they will update the reserves?  Perhaps they are looking to grow organically first and once the share price is higher they will have more bargaining power. 

All in in all I think 2020 was a decent year for Robex and we all made some good $ on the divends we received so we need to keep that in mind too. I was always told that when I invest that I should invest in a company for what I think they will do in the future and not what was done in the past and 2020 was a strange year to say the least so I think that the heavy lifting has been done opening up the new pits on site and hopefully we get back to that 15,000 ounces per quarter the next 3 quarters.  The analysts are all forecasting for the price of gold to go up throughout the year so that should also help us out as well.


 

 

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