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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. > price effects
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Post by sparks19324 on Mar 14, 2018 7:26pm

price effects

there are several reason roxgold is not moving up. the # of shares is compelling. 2. the price is 
seem to be controlled by backroom groups. the location alone has some effect, also the election in the region does have effect. also public relations is lacking in support of the co in a way that could be significant in price increase. also funds are currently being used to explore
a new area(this is good) the price of the co's fair value perhaps is somewhere aroung $1.10.
however the market price should be well above the fair value price and we are just breaking out.
Comment by yoshka2000 on Mar 15, 2018 2:13pm
thx for your thoughts.
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