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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. > Light Volume ..
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Post by GUY2012 on Jan 12, 2021 10:57am

Light Volume ..

Indicates that most investors feel that this company is trading well below its net asset value, otherwise we would be seeing a ton of selling.  Price has become to attractive to ignore given the price of gold still around $1850.  I think some mid tier producers may start looking for takeover candidates, and ROXG is quickly becoming an attractive contender.
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