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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. > Resource update
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Post by sunsurfer11 on Jun 05, 2019 7:16pm

Resource update

Had to take some shares off the table..this long waiting period for the resource estimate is killing me..last time I had to wait for a long time between updates was not a good experience..there is a reason they were reluctant to publicly update lousy reserves
Comment by silentreader on Jun 17, 2019 3:42pm
They have postponed by almost a year the release of their updated resource statement, and here they are once again waiting until the last minute of their stated release date.  I wouldn't be surprised if they don't meet their Q2 dealine once again. If the steady decrease in the actual grade we have been seeing in the last 5 quarters is an indication of what's to come, don't ...more  
Comment by Method on Jun 17, 2019 4:34pm
Definitely one way to look at it. Grades have been lower because of mine sequencing. They should increase in the second half.
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