Robex Resources Inc V.RBX

Alternate Symbol(s): RSRBF | V.RBX.WT

Metals & Mining Gold

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.

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Robex Resources Inc > Comparing two companies

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Post by Tree2treeon Feb 29, 2024 12:09pm

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Post# 35906774

Comparing two companies

RBX - market cap $211 million
ORE - market cap $263 million

So ORE's market cap is a little higher, but ORE already has what RBX has always dreamed of - a large, profitable mine with high upside potential. Meanwhile RBX is still struggling to get financing for a very high-risk project in an ultra high-risk environment. (Yes, there is also risk in Burkina, which is probably why ORE is so cheap now.) So which company is overvalued and which is undervalued? Do your own research before deciding.

Meanwhile, the phool will be around shortly to give his reasons why there is no need to look beyond RBX in the world of mining.

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