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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 > The trading since the rollback..
View:
Post by Tree2tree on Apr 10, 2024 9:59am

The trading since the rollback..

..has been orchestrated to create the impression of a stable share price, so that current shareholders will not panic and bail out.  It's easy to do when there are very few bids or asks.  But fundamentally there is no significant demand for a very sick company.  How much good money after bad can they afford to throw at the stock to support the price when no good news is coming out?

Comment by ABDPhil on Apr 10, 2024 1:53pm
Orchestrated? I do not believe. Strategic? Probably, and for reasons different from those you mentioned.   That said, I see someone buying at $1.90 while others hope to see the SP drop a few cents, aiming to survive a few more days.   Best case scenario, what can you hope for? Be realistic, because your lies have stopped working for a long time. Now time is against you, and all ...more  
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