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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 > No new gold
View:
Post by Tree2tree on May 22, 2024 1:09pm

No new gold

With all that drilling, all they have done is convert a small fraction of a marginal, low-grade deposit from the inferred category to the indicated category.  For this to become a growth story and an actual mine, they need to be finding higher-grade and larger deposits.  But just as they have failed for years to find new economic reserves at Kobada, they are failing at Kiniero.
Comment by ABDPhil on May 22, 2024 1:55pm
To convert inferred resources into indicated resources, the grid must be tightened with infill drilling. The objective has been achieved, and it will continue like this.   Your comment out of touch with reality is not going to help you get out of your mess. Otherwise, Kobada was never a Robex-led project. You're not sleeping well, I think.
Comment by Tree2tree on May 22, 2024 6:04pm
Pardon me, I meant to say Nampala, not Kobada.
Comment by ABDPhil on May 22, 2024 6:51pm
It's not one more stupidity that will make the difference. We feel sorry for you, and you are already excused.
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