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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. > FlashCash
View:
Post by cigarbutts on Jan 18, 2019 2:18pm

FlashCash

What kind of problem with management do you see?

You can still private mail me back on Stockhouse.   You click on the community tab upper left.  If you do not want to say publically.

Management to me is NOT a problem.   They can be replaced.   It seems to me the people and managers in BK are doing a decent job.    Company is operating well.

$70M  Cash US hanging around the balance sheet.     2X to 2.5X  EV/EBITDA...........How much cheaper is it going to go?    Start the buybacks!!!     Lets milk these mines!
Comment by flashcash on Jan 19, 2019 12:23am
My feeling is that there is a conflict of strategy from the management, plenty of directors there and I bet some personalities. We have a strong cash position a relatively modest gold resource which i am sure will grow. BUT the share price continues to fall, management are selling and the share buyback schedule stopped, with a blackout period excuse which is a lot of carp. I have no confidence in ...more  
Comment by invest234 on Jan 19, 2019 11:20am
look at it again. most of the red is only exercise of rights and expiration of rights. Cox, Iain Donald bought at 0.78 from exercise of rights and turned around and sold for 0.815 for a few pennies profit. Criddle, Paul Andrew bought 112,500 shares at 0.78 from exercise of rights and didn't sell any. Dorward, John Andrew bought 140,625 shares at 0.78 from exercise of rights and didn't ...more  
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