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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 > Back to the future
View:
Post by studpuppy on Jan 26, 2022 4:51pm

Back to the future

Welcome back to early 2020 folks, (sp at 0.32)  so much has been done since then, so much improvements have been made at the mine since then, dividends have been paid since then , heck we have even hired more competent staff since then , stripping for new pits have been done 4 quarters in a row and completed.

Yet the sp has fallen 30% since Nov-Dec  and over 75% since our highs ...gold is holding over $1800....so what gives??

sorry guys, since management can't explain or doesn't care, this puppy ain't done barking 
more to come.

regards stud
Comment by ABDPhil on Jan 26, 2022 9:12pm
Comparing the current SP to past values, up and down, is of no use for the future. It is best to invest effort in reassessing Robex's potential based on current SP and metrics, including net profit margin and 8-year mineral reserves. The information contained in the January 18 press release assures us that the net profit margin will be positively and significantly influenced in 2022 and for ...more  
Comment by studpuppy on Jan 26, 2022 9:45pm
Phil i totally agree with you (and you know how much respect i have for you)  concerning all the number crunching you've done, these numbers are not new to us,(maybe tweaked a bit more now)  we've known them since 2020, with the last N43-101 report, the life of the mine was extended by at least 8yrs, you've been posting REALISTIC estimates for the past 2-3yrs and yet ...more  
Comment by ABDPhil on Jan 27, 2022 9:41am
Regarding Robex's communication strategy, I believe it will improve when a growth activity is concluded. If the goal is to get the attention of institutional investors and/or financial analysts, it is essential to come up with something bigger than a production of 50,000 ounces of gold per year. To be effective, it must start at the right time. With regard to this imbalance between buyers and ...more  
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