Opinions
Rick Rule
Roxgold Inc
ROXG-T
COMMENT
Nov 09, 2017
$1.175
Stock price when the opinion was issued
precious metals
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
WATCH
He has looked at it in the past. A portfolio manager change with a few key mutual funds may have resulted in the stock priced getting hurt as they sold out of their positions. They have done a good operational job, but it is a little too small for him. He is going to take a closer look going forward.
precious metals
COMMENT
It is one of the best in the space. It has a single asset risk and exploration has not born out given what they have spent. A recent acquisition may change things in terms of diversification. A fund was a major holder of this stock last year and liquidated it and put the valuation under pressure.
precious metals
BUY
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
precious metals
Believes the share price will either increase in 2018 or one of the West African consolidators will take them over. Either of those will be a nice outcome for owners of this.