Roxgold Inc. T.ROXG

Cashflow dictates a much higher share price

[oxinos]

With a cashflow of of US $0.07 or CAD $0.09 in the 1st quarter it is obvious that Roxgold shares should be trading above $ 2.00 a share. I can easily project a cashflow of US $0.28 . Thus, at 6 times cashflow it would translate to share price of US. $1.68 or CAD $2.30. That is with things as they are right now. This does not take into account the development of the Seguella project which is quite certain to lead to a mine that will double current production of gold! 

[stocksnbonds]

It's ashame the street simply takes 120K- 130K Au production for granted.  ROXG has produced and delivered  low-cost gold over the past number of years. Nothing fancy.   What a gem! I first found this when I was researching the Hounde gold belt as I was in EDV.to and saw the great potential in the area. ROXG popped up as a low cost producer in the area and I've been in

[Johnny0081]

Definately, they aren't overspending, staying disciplined and patient. Will reward shareholders for a while. 

[Zola2]

Agree, excellent outlook for the company. Would not be surprised to see a new 52 W H shortly.