Roxgold Inc
ROXG-T
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High-grade gold deposit in Burkino-Faso that he visited. They're down 40% YTD. They're exposed to Burkino-Faso which has security issues. Asset is great. Gold and G-F need a turn in sentiment.
High-grade gold deposit in Burkino-Faso that he visited. They're down 40% YTD. They're exposed to Burkino-Faso which has security issues. Asset is great. Gold and G-F need a turn in sentiment.
(A Top Pick June 14/17 Down 29%) Falling as gold prices have weakened. He still believes at some point gold will come back in favour. The company continues to make money even at these price levels.
(A Top Pick June 14/17 Down 29%) Falling as gold prices have weakened. He still believes at some point gold will come back in favour. The company continues to make money even at these price levels.
He is playing the precious metals market with this stock. They have been very cost efficient and are well placed for the eventual gold price run up over the next 5 years as the US begins to deal with trillion dollar deficits. He views them as a defensive way to play this sector.
He is playing the precious metals market with this stock. They have been very cost efficient and are well placed for the eventual gold price run up over the next 5 years as the US begins to deal with trillion dollar deficits. He views them as a defensive way to play this sector.
They have own this for a couple of years now. High-grade gold producer in the middle of Africa. Low cost producer. Very little debt. Optionality on an increase in gold prices. (Analysts’ price target is $1.99)
They have own this for a couple of years now. High-grade gold producer in the middle of Africa. Low cost producer. Very little debt. Optionality on an increase in gold prices. (Analysts’ price target is $1.99)
A West African gold miner than can make money and produce $50-$70 million free cash flow for years to come. He want to watch this make money over the next two years. Rarely in his career has seen an opportunity like this one. Yield 0%. (Analysts’ price target is $1.98)
A West African gold miner than can make money and produce $50-$70 million free cash flow for years to come. He want to watch this make money over the next two years. Rarely in his career has seen an opportunity like this one. Yield 0%. (Analysts’ price target is $1.98)
This will go intro production and make good money.
Burkino Faso underground high grade, which many didn't believe could happen underground. Great deposit and management team, but he's just not investing in production now. He doesn't own.
Burkino Faso underground high grade, which many didn't believe could happen underground. Great deposit and management team, but he's just not investing in production now. He doesn't own.
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.
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.
He likes management and the asset. They are looking to produce 120,000-150,000 ounces of gold per year. They are all-in sustaining costs of around $740-$790. Have $50 million in cash. They are paying down their debt, which is only about $54 million. A single asset company and in a jurisdiction not everybody wants to be in, Burkina Faso.
He likes management and the asset. They are looking to produce 120,000-150,000 ounces of gold per year. They are all-in sustaining costs of around $740-$790. Have $50 million in cash. They are paying down their debt, which is only about $54 million. A single asset company and in a jurisdiction not everybody wants to be in, Burkina Faso.
(Market Call Minute.) Another Semafo (SMF-T) junior, another high-grade Burkina Faso mine that’s been built, going through ramp up. If all goes according to plan, they’ll have fantastic margins. A low cost producer with the ability to probably double production in the next 2-3 years in the next phase of satellite expansion.
(Market Call Minute.) Another Semafo (SMF-T) junior, another high-grade Burkina Faso mine that’s been built, going through ramp up. If all goes according to plan, they’ll have fantastic margins. A low cost producer with the ability to probably double production in the next 2-3 years in the next phase of satellite expansion.
A gold company in Burkina Faso in West Africa. Has $60 million in cash and an 8-year mine life. Feels they have a really great asset, and with some further exploration, it will be bigger. The stock has the opportunity to go from about $400 million in market cap to about $600 million. Because of the asset, there is an opportunity that it could get taken out in the next little while. (Analysts’ price target is $2.25.)
A gold company in Burkina Faso in West Africa. Has $60 million in cash and an 8-year mine life. Feels they have a really great asset, and with some further exploration, it will be bigger. The stock has the opportunity to go from about $400 million in market cap to about $600 million. Because of the asset, there is an opportunity that it could get taken out in the next little while. (Analysts’ price target is $2.25.)
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