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Bullboard - Stock Discussion Forum Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and... see more

TSXV:RBX - Post Discussion

Robex Resources Inc > What's going on?
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Post by bogeyfree on Mar 16, 2021 11:30am

What's going on?

Bid size is not pretty and ask size is ugly! What am I missing here? Any clues anyone? Thanks!
Comment by ABDPhil on Mar 16, 2021 12:04pm
The size of the bid and ask is not an indication of the quality of a company. You haven't missed anything, that's how it is and that's it.   This situation is the consequence of an absence of new information. Many investors only act when news is released and these are probably the same ones who run out when there is none. The sausage maker continues to operate, even when it is ...more  
Comment by studpuppy on Mar 16, 2021 12:05pm
well bogey, it's kind of simple... there's no interest in RBX right now, hence no buyers...at least besides last friday not much sellers either...being a low trading volume stock if ever someone who was interested in RBX to buy a big chunk , here is a GOLDEN opportunity ...there's over 300k shares sitting at 0.45!!  Let's see how this pans out by friday... regards stud
Comment by Jexcelm on Mar 16, 2021 12:48pm
The fact that the Cohen family owns 65% of the company does not help attract the big guys. However, they have my full confidence. Without them, Robex would no longer be in the background. Continuing with a dividend would calm the enthusiasm of small investors. I can't wait to see what they do with all that money in the coffers! I retain 2 things from the last report: The company depends on ...more  
Comment by ABDPhil on Mar 16, 2021 2:04pm
@Jexcelm: 1000 small investors with good knowledge is better than one poorly informed. If a single large investor can drive a stock price up quickly, it can also drive it down at the same rate.   Dividends are like ice cream, everyone loves it, whether you're a big investor or a small one.   Money is what gives us hope. Robex now has the opportunity to afford the best ...more  
Comment by Jexcelm on Mar 16, 2021 3:07pm
@ABDPhil I'm 100% agree with you! I have been a long-time investor in Robex. I am very hopeful that we will reach heaven soon. All the ingredients are there. I trust the current team. I hope the future will prove me right!
Comment by ABDPhil on Mar 17, 2021 8:51am
Without the resilience of this management team, we would not be where we are. Several pitfalls have been encountered since the first start-up of this plant in 2014 and they have never given up. Respect! I have the feeling that a new chapter is about to begin for Robex and it is with a confident and experienced management team that we will begin it. This next chapter will be an opportunity to use ...more  
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