Bullboard - Stock Discussion Forum Roxgold Inc. T.ROXG

Metals & Mining Industrial Metals & Minerals

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

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Roxgold Inc. > Updated mineral reserves

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Post by ruffus23 on Jul 11, 2019 6:32pm

Updated mineral reserves

https://ceo.ca/@newswire/roxgold-announces-updated-mineral-reserves-mineral

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Comment by Method on Jul 11, 2019 9:28pm

What do people think of the update?

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Comment by silentreader on Jul 12, 2019 10:13am

Wjhat is important is what the markets think... You have your answer, stock price is down almost 3%. As I posted a few weeks ago, if it wasn't for Seguala, they would have reported 0 growth in reserves. Even with this addition, they had to increase the long term POG assumption from 1200$US to 1450$ and 1400$ to include ounces that wouldn't have made the cut ! All in all, Roxgold is proving ...more

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Comment by ruffus23 on Jul 12, 2019 12:31pm

any lands in proximity they could explore?

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Comment by MIA17 on Jul 13, 2019 12:45am

I think you are incorrect. See the MM's walking it down to $1 every other day or thereabouts, then it closes higher. This is a well known take out target. Could be wrong, but I think it's just a matter of time.

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Roxgold Inc.