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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 > Let's breathe a little
View:
Post by Jexcelm on May 04, 2021 7:38pm

Let's breathe a little

I admit it's frustrating to see the SP decrease.
However, the results are there.
We have a profitable mine that provides us with a base of income for 10 years. I think the management team is working hard on an acquisition. Perhaps we too will have the surprise of a special dividend. Those who wait will be rewarded, I am sure. GLTA
Comment by studpuppy on May 04, 2021 8:38pm
Hey Jexcelm, don't expect a dividend any time soon, Q1 2021 is due out by may 28th and don't expect stellar numbers either, it will be very similar to Q4 2020. (we know for a fact that we produced about 10 600ish ounces of gold) ...phil could do some number crunching (he is the specialist in it) . The sp will continue in this rut for the short term, unless a newsworthy catalyst comes up ...more  
Comment by Jexcelm on May 04, 2021 8:57pm
@studppy when i was talking about dividends, i was talking about the next quarters of 2021. for the rest i agree with you entirely.
Comment by ABDPhil on May 04, 2021 10:09pm
My latest estimates suggest that we should have around $ 18,000,000 in cash as of March 31st. The treatment of the transition zone since the beginning of April as well as the treatment of the ore deeper from the oxide zone should allow progressing results to be obtained. The results for 2021-Q2 and subsequent quarters will enable the annual objectives to be met. Considering the cash position at ...more  
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