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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 Goldenboy1180on Mar 11, 2022 6:07am
475 Views
Post# 34505613

RE:RE:RE:RE:RE:RE:once of gold

RE:RE:RE:RE:RE:RE:once of gold
I think that your post put everything in the right perspective my friend.

You are a long investor in RBX, and probably the best one for RBX.  Studpuppy has done the right introspection and found out he has to get out, as RBX is not the right investment to meet his objectives.

As I mentionned before, I will get back someday when I acchieved what I want to accomplish now with Thor Explorations.

Meanwhile, I would like to ask you what are your comments on the recent move from the Cohens to "address the lack of share liquidity".  Particularly, what do you think of the strenght they're putting in that motion.

I mean, 5000$ a month, for 3 months... rrreeaaaally ?

If I'm a miner let's say and I want to discover some new resources to extend the LOM, I will certainly invest a LOT of money to maximise my chances to acheive that objective. That's where we can usually see several millions $ invested in a drilling program and understand the seriousness of the motion.

Same thing for management compensation.  Maybe not in everycase (AGG example being a VERY good exception), but usually you may remunerate management proportionnally with their objectives to be met.

Therefore, that so very small budget granted to that services supplier seems odd to me, even fishy.

I am wondering if the Cohen teams just wanted to show that they care "a little" about other shareholders, in the objective to shut them out. 

Same as they did for the solar plant, to satisfy Mali's government requiring some investment in clean energy.  No such huge benefits have been established so far, precisely in economic terms for the shareholders.

Just some thoughts here on which we could all benefit from your comments and thoughts as well.

Best Regards,

Goldenboy
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