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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. > Heres what we spent our money on. Not bad.
View:
Post by justasmuck on Feb 12, 2019 10:51pm

Heres what we spent our money on. Not bad.

https://www.asx.com.au/asxpdf/20180130/pdf/43r42dmjgl15w6.pdf
Comment by bobvee15 on Feb 13, 2019 11:46am
Meh this stock has turned into a sell into strength Personally I am not too impressed as I feel like they are paying a cover charge to get into a casino. Exploration risk still remains as reserve is too small for a commercial operation and if they get to a million oz likely  will end up a  so so project at that headgrade yielding between 35-40% IRR assuming a CIL operation. In my ...more  
Comment by silentreader on Feb 13, 2019 11:59am
No one seems to care about Roxgold anymore.  No interest from markets. These guys are clearly only securing their long term paychecks with only their personal financial benfits set as their priority. It's pathetic but the sad reality.