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TSE:ROXG

Roxgold Inc (ROXG.TO)

1.90
-0.00 (0.00%)
as of Jul 5, 2021, 8:00:00 pm Market Open.
64 watching
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Likes the high grade nature of the deposit. One of the higher grade deposits out there and would be a good fit for a lot of producers there. He likes free cash flowing names and can fund developments. They need equity or to be acquired for him to buy it.

PAST TOP PICK

(Top Pick Mar 5/13, Up 18.37%) He would buy it today if he didn’t already own it.

RISKY

A million oz of minable gold and 80 Million of Capx to get it into production. Jurisdiction is okay. This is the cheapest place to find gold and it will be mined in the next 5 years.

BUY

Added to his position recently. A low cap-X project. Not a huge deposit, but 90-100,000 oz per year. He quite likes it. In a more positive market he would have expected a lot of yesterday’s news.

PAST TOP PICK

(Top Pick Jul 26/12, Down 34.27%) Still believes in it. One of the highest grade projects. Thinks it will be a mine in the future.

BUY ON WEAKNESS

Likes it. Market doesn’t like it, but he does.

TOP PICK

This is the beginning of the story to have a great asset in Burkina Faso. It is about 900,000 ounces mineable. He will be patient with this one for a couple of years. It’s only one of those handful of things that he will own to have cheap gold exposure at this price. He would like to see it at $1-$1.50. This should be one of the top companies on the list if the market decides to look at junior golds again.

PAST TOP PICK

(Top Pick July 26/12, Down 11.86%)

BUY

(Market Call Minute.) A Burkina Faso gold story. High grade. Likes the name. In a proxy battle right now.

TOP PICK
His one political risky jurisdiction, Burkina Faso. Very high grade with something like 20 g per ton. Will be coming out with their first resource in the next couple of months and he expects it will be somewhat north of 500,000 ounces. At $30 billion in cash.
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