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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 > Value up, SP down.
View:
Post by watchdogontario on Feb 06, 2023 6:50am

Value up, SP down.

Usually, as a company gains assets, and the company value and holdings increase, so does the SP. The price of gold is in good shape as well, yet our SP is in the sewer. I'm perplexed. I think the share holder has been forgotten again.
Comment by ABDPhil on Feb 06, 2023 12:25pm
MANAGEMENT acts on VALUE and the MARKET acts on PRICE. Everything else is YOUR responsibility. You have not been forgotten by anyone.
Comment by watchdogontario on Feb 07, 2023 12:00pm
Strange how the Robex share price reacts to the price of gold dropping, but not to the gold price increasing. With company value increasing with accumulated assetts and updated machinery, positive drilling results, one would think that increasing value would affect the SP positivily. Further, why are there no anylists covering Robex? There certainly seems to be secrecy surrounding Robex operations ...more  
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