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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. > PEA 143.000 ounces / year, ASIC 600 and payback in 1,2 years
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Post by Aton on Apr 14, 2020 6:13pm

PEA 143.000 ounces / year, ASIC 600 and payback in 1,2 years

This is almost insane, Roxgold should double its market cap on this alone. 

>>In the first three years of operation, the project will produce an average of 143,000 ounces of gold per year at an AISC of $600 per ounce ensuring a payback period of only 1.2 years.>>
Comment by Aton on Apr 23, 2020 2:54am
All in here should listen to the conference call, Roxgold will be 250.000oz per year company in a couple of years, and a company with low ASIC of $750 per oz, and then with operations in two different countries wich will take down the risk premium. The stock market will start to price this in as we get closer and closer to final investment decition. I don´t sell a share from here and will buy ...more  
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