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Roxgold IncROXG.TOCOMMENTMay 31, 2016Stock price when the opinion was issued
As of Jul 05, 2021. Market Open.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is a smaller and cheaper company than the big gold names. It has more leverage to deal with, discovery and multiple expansion is possible. There is more risk. Generally, small and mid cap gold outperform in a gold rally. You need to be okay with the risk. Unlock Premium - Try 5i Free
A brand-new gold producer. They are based in Burkina Faso. The mine has started. It is trading in line with the junior producer group at about NAV, so doesn’t think there is a whole lot left, given that they are still going to be ramping up with all the inherent risks. Prefers Semafo (SMF-T) which also operates in Burkina Faso. Has a much longer track record and have established themselves as premier mine builders and stewards of value in creating free cash flow.