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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. > Great results!
View:
Post by Juniortrad on Mar 28, 2018 7:46pm

Great results!

lets see how markets react tomorrow!
Comment by sunsurfer11 on Mar 28, 2018 8:21pm
Agreed..now if we just show some more ounces being confirmed..also some diversification in assets would be good..not great optics to keep building up cash balances that may tempt government
Comment by Joseph_K on Mar 28, 2018 9:43pm
Yes, great results, no negative surprises, it all looks good.   It isn't very often you see a pretty new mine come on with no problems these days.   This team seems to have pulled it off. Net cash positive already, low P/E multiple, stable production this year and when Bagassi South starts producing in 7-8 months they should be running at a very nice 160,000 oz annual rate ...more  
Comment by silentreader on Mar 29, 2018 11:52am
Well it sure looks like markets are not impressed with the results. Of course Roxgold's NR last night didn't highlight their Q4 perfomance compared to last year's comparable quarter specifically but unfortunately for them it didn't go unnoticed as they probably hoped. ---------------- Roxgold Q4 Profit Drops 70% On Higher Depreciation Costs 09:05 AM EDT, 03/29/2018 (MT Newswires ...more  
Comment by 2batteries on Mar 29, 2018 11:53pm
Weak knees because Next year aisc the will be lower. Aisc in the report included the one time build out. Going forward this is a young start up producer with all the pit falls of a start up operation. After a couple of years the grease will have been well greased.  A higher gold price, of course fixes all woes. underpowered by 2 batteries. P quote=silentreader] Well it sure looks like ...more  
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