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Bullboard - Stock Discussion Forum Robex Resources Inc RSRBF


Primary Symbol: V.RBX Alternate Symbol(s):  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... see more

TSXV:RBX - Post Discussion

Robex Resources Inc > Comparing two companies
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Post by Tree2tree on Feb 29, 2024 12:09pm

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.

Comment by ABDPhil on Feb 29, 2024 4:02pm
You use a lot of superlatives to describe your perception of Robex / Taurus financing and the security issues in Guinea, while for Burkina Faso, it is just "risky".   Robex and Orezone can be compared, but up to a certain limit. That said, these 2 companies exploit deposits with low gold content, and compensate for this gold content with tonnage processing capacity. Beyond that, ...more  
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