Roxgold Inc. T.ROXG

ROXG reports Tuesday August 14

[challenger426]

I think ROXG is going to meet or exceed expectations for the quarter.  They have done so for the last 4 quarters and at the same time, have been increasing revenues and earnings.  A good earnings report could kick start this little engine and get it going back up the hill.  The expectations are 3 cents/share and I don't see any reason why they can't beat it.

[U30LATE]

The selling seems to be drying up on low volume. Looking forward to Tuesday.

[x4n2t0x]

I wouldn't get too excited. Listening to IMG's call yesterday they stated that the rainy season in Burkina set them back a little so one can expect similar difficulties for ROXG.

[U30LATE]

The july 23rd NR seems to imply otherwise.

[x4n2t0x]

Implications don't always pan out. Besides, you can't get too excited about miners/gold given the overall direction of the yellow metal in 2018. I wouldn't be surprised to see $1100 oz.

[yoshka2000]

China, Russia, Germany, Arabian countries, ect. all hoarders of gold to back their dollars. This doesn't include the tons of gold Indea, Pakistan buy each year for jewllery ect. The fear that theU.S.A has brought in the trade war will drive the price of gold to a new high before the years over I think? This company is in great shape to hedge a certain per cent of their gold when it gets over,

[awacs1]

Interesting analysis, Some additional points for consideration, the current uncertainty caused by the trade wars seems to have made the USD relatively attractive. The tariffs will add to inflation in USA and this may persuade the Fed to raise interest rates which will further strengthen USD. A strong USD has always been a negative for Gold.  The timing is significant because higher USD will