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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 > The picture is perfect
View:
Post by ABDPhil on Oct 18, 2024 8:53am

The picture is perfect

In Q1 2017, when the Nampala project started, the gold mined was sold at an average price of CAD$1,643;
 
By the end of 2023, 27 quarters later, the gold mined from Nampala was sold for CAD$1,000 more;
 
For Q4 2024, only 4 quarters later, another CAD$1,000 has just been added.
 
With the addition of the Kiniero project in 2021; the drilling results obtained since then; the economic potential of this project; and the start of operations for Q4 2025, the picture is perfect.
Comment by Tree2tree on Oct 20, 2024 4:07pm
Yes RBX has been spared from bankruptcy twice by rising gold prices.  But that has not been enough to repay what investors put in over the years.  So it has been a money losing operation overall.  And now the Nampala mine has been officially declared as worthless, in spite of a high gold price.  Because they know it cannot be operated profitably (except by evading taxes, which ...more  
Comment by ABDPhil on Oct 21, 2024 8:07am
There is as much bullshit in your post as there are words. Is there anyone ignorant enough to be influenced?   Your house of cards will collapse soon and you will be able to do something else with your days.
Comment by Tree2tree on Oct 21, 2024 12:00pm
"Your house of cards will collapse soon."  This describes RBX precisely.
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