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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 > once of gold
View:
Post by willfr34 on Mar 08, 2022 10:58am

once of gold

Hi all,
Ounce of gold price now clearly above 2000 USD. And it's just a beginning... With the superlow production costs of RBX, earnings forecasts will be very much improved.
Comment by bogeyfree on Mar 08, 2022 8:28pm
Hey Willfr34! How do you explain the current low SP then with the superlow production costs?
Comment by ABDPhil on Mar 09, 2022 12:35pm
@Willfr34: I would like to complete your last publication by stating that the financial performance of Robex is the consequence of 3 important factors. The first tier is structural (Robex inc, African Peak Trading House and Nampala S.A.), the second is attributable to its operating volume and the last tier is dependent on the POG. Consequently, the efficiency obtained by the combination of these ...more  
Comment by studpuppy on Mar 09, 2022 10:30pm
Hey Phil, the 3 factors you mention (structure, operating volume and the POG ) makes complete sense and we well basically i'll speak for myself i get it . Now so for me to understand a bit more your reasoning , please explain to me your timeline when you mention ..."long term" , what is a long term? 5-10-15-20 years?  When the Cohen's took over almost 9 years ago we all ...more  
Comment by ABDPhil on Mar 10, 2022 6:24am
For me, a long-term investment means first of all that I have few time constraints, which means that I am able to invest in riskier companies and tolerate greater fluctuations.   For your information, I have been a shareholder for about 10 years and the majority of my shares were acquired from 2018 to 2020. I consider that the team has the necessary qualifications to grow this company and ...more  
Comment by studpuppy on Mar 10, 2022 9:56am
Well as usual, your answers are always bias towards management so we know where you stand. Did not ask your stand on executive compensations because i know where you stand on that also, you've made it clear several times, i asked if you can post the link for our CEO only ...you start by saying .."to answer your question"....which you don't !! BUT you insult my intelligence... i ...more  
Comment by ABDPhil on Mar 10, 2022 11:53am
Don't worry, I know you are a smart person. On the other hand, I believe that the SP has too much influence on your judgment. You showed courage when the SP was under 10 cents and I trust that you are able to do the same today.   I didn't mean to insult you about your question. I saw a question mark and I answered. As usual, all this information is present on SEDAR. I don't ...more  
Comment by Goldenboy1180 on Mar 11, 2022 6:07am
I think that your post put everything in the right perspective my friend. You are a long investor in RBX, and probably the best one for RBX.  Studpuppy has done the right introspection and found out he has to get out, as RBX is not the right investment to meet his objectives. As I mentionned before, I will get back someday when I acchieved what I want to accomplish now with Thor ...more  
Comment by ABDPhil on Mar 11, 2022 11:57am
The purpose of the service agreement entered into with the market maker boils down to the function of the latter. In this case, filling holes in the order book and tightening the gap between buyers and sellers to ensure a smoother market. In response to the significant volatility observed on low volumes, Robex entered into this agreement for a minimum period of 3 months and should then be renewed ...more  
Comment by Goldenboy1180 on Mar 11, 2022 4:40pm
"That's a cynical and pointless innuendo, stemming from outlandish comments for which you are not responsible." "Your comment about the solar power plant, to the effect that it is essentially to satisfy the Malian government, is contemptuous and illustrates your ignorance of this file." I don't exactly know where you found the need to be condescending Phil, but here ...more  
Comment by shorelunch on Mar 16, 2022 7:53am
  Well said. Pill (or whatever he calls himself) is not an investor, rather he is a blind squirrel who just happpened to trip over a nut.
Comment by ABDPhil on Mar 24, 2022 2:53pm
@Goldenboy: I believe you have good intentions, and for this reason I consider that you did not understand the problem that Robex wanted to correct by entering into an agreement with a market maker. Your level of incomprehension even allowed you to mention that this agreement concluded with this service provider was "shady and could have the objective of excluding certain shareholders" ...more  
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