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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 > Kobada - AGG
View:
Post by jdn55 on Oct 26, 2021 9:59am

Kobada - AGG

AGG just raised $3.5MM Phil. Assuming they use $2MM for drilling asking price for AGG has just gone up. Cohen needs to make a move soon or he's going to lose out.

Given RBX is a one project entity with a marginal reserve I don't agree with your statement that RBX is a gem. RBX needs AGG and then it would become a gem. Not sure RBX will have the financial wherewithal to get Kobada into production though, especially if they keep doing special dividends.
Comment by ABDPhil on Oct 26, 2021 2:17pm
Hello jdn55,   If Robex has to pay more to participate in a project that is worth more, honestly, I don't see where the problem is ...   I have always been honest about my level of appreciation of the Kobada Project. However, this quality does not affect the merits of Robex and its excellent financial results. On either side, the AGG / RBX merger is not a matter of life and ...more  
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