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Bullboard - Stock Discussion Forum Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d... see more

TSX:ROXG - Post Discussion

Roxgold Inc. > I sent an email to IR today
View:
Post by Atheena on Jan 16, 2018 6:06pm

I sent an email to IR today

I asked about why insiders continue to dump their shares on the market and what their plan is to increase shareholder value.
Let's see if they repsond and how.  I have owned this stock for a LONG time...since .24 cents.  I have a very large position and I too need some answers here.  I can't stay invested if the price is capped by insiders dumping their shares a couple of times a year.
Atheena
Comment by ds760 on Jan 16, 2018 6:35pm
Stay strong athena they are keeping the price down and trying to position themselves for a take over. Should have been taken out a long itme ago. You can only keep it down so long before it pops regardless what shares insiders dump.  It will hit new highs by the end of January. 
Comment by SGGold on Jan 16, 2018 6:49pm
How st upid are you? “... keeping the price down and trying to position themselves for a take over.” Most rediculous thing I have heard in a while. Dummy. IMO
Comment by bmaw604 on Jan 16, 2018 10:24pm
based on what... ?
Comment by challenger426 on Jan 17, 2018 1:02pm
The selling you are seeing is from exercising the options for a quick profit.  It could be that the insiders need the money for personal reasons, greed, or don't believe the price is going much higher.  I hope it is for one of the first 2 reasons I suggested.  If you do some quick math, you will see that ROXG is trading at the low end the 2018 guidance using a $1300 gold price.& ...more  
Comment by timeforawinner2 on Jan 17, 2018 4:43pm
Tried to get rid of my shares today tried 1.35$ i guess i should have put it at 1.25 $ not a very good stock ay all...went up on antisapation of good numbers and then now quickly went down again on good numbers i am out of this one tomorrow just makes me to mad at holding on to this one its so predictable but not enought to make any real money on  GLTAL's
Comment by barolo19 on Jan 17, 2018 8:32pm
I hear ya ! Sent multiple emails back in the day before the new person was hired and did get some pertinent info in regards to upcoming conferences and different venues where the executive would present. Like you I have divested myself of 2/3 of my position and looking for other avenues with the rest. Cyclaccly gold should perform during q1 Roxgold??? glta
Comment by ds760 on Jan 18, 2018 10:01am
Finally cleared out all my shares in this PO$ stock before the tank to 1.17. Good luck to the longs. Way better off trading it from the $1.05 to $1.40 range then holding this hoping it ever goes back to north of $2. There's zero support in the stock price just play it.
Comment by timeforawinner2 on Jan 19, 2018 4:41pm
i also sold my shares today only 10k made 300$ in two years...but today after buying MGX up 1500$ in two hours what a relief i will still watch ROG and watch management make all the money while investors $$$ goes up 20% then down 30% GLTAL's.... cause i had no luck here
Comment by bmaw604 on Jan 19, 2018 7:19pm
good luck, dont blame ya