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.