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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 Jan 13, 2023 7:09am
815 Views
Post# 35220502

RE:Gold going up why is RBX not doing better.

RE:Gold going up why is RBX not doing better.
Most junior companies, without distinction, could move up 50% just to catch up on the backlog against gold. Robex is no exception.
 
Regarding the POG, it should not just go up. It must also MAINTAIN at the current level until it is reflected in the financial statements.
 
Concerning Robex, keep your attention on the Kiniero project. This project will quadruple the overall production, and the consequences will be much more beneficial on the financial results than the increase in the POG.
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