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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 takeover by Taurus has started
View:
Post by Tree2tree on Jun 17, 2024 11:07am

The takeover by Taurus has started

But first, they want to get some of their cash out, because they realize that the assets might not even be worth $35 million in a fire sale.
 
This confirms that recent trading was totally fake, staged for the purpose of supporting the price in the hope of getting equity financing.  The fair value of this company is now close to zero.
 
And the Mali assets are worth about zero considering the tax bill.

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