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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 Tree2treeon Mar 18, 2024 11:37am
677 Views
Post# 35938367

RE:Bankruptcies!!!

RE:Bankruptcies!!!Yes Monsieur Piment, that is certainly the way things are looking.  A miracle may still be possible, but based on this news, I would put the odds of bankruptcy at 80:20.  And even for those who choose to keep the faith, there is virtually zero hope of good news in the coming months, while more bad news may come any day.  So the best strategy I can imagine would be to sell RBX now while there is a bid, and think about buying back later at a much lower price, if there are any positive signs.

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