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John Dorward of Roxgold: Yaramoko is a Genuinely Unique Project
Roxgold has encountered some challenges over the past few months, but President and CEO John Dorward was optimistic at VRIC.
Gold exploration and development company Roxgold (TSXV:ROG) has encountered a few challenges lately. It was in focus in November 2014 when anĀ uprising in Burkina Faso, home to its Yaramoko project, led to the ousting of President Blaise Compaore, and it made headlines again more recently when Credit Suisse (NYSE:CS) pulled out of funding its Yaramoko project.
Despite those setbacks, President and CEO John Dorward was upbeat when speaking with Resource Investing News at Cambridge House Internationalās 2015 Vancouver Resource Investment Conference. āI think the fact that Societe Generale (EPA:GLE) has stayed involved and that we are having discussions with a number of different banks who are in their credit process that weāll be successful in finding another lender,ā he said of Credit Suisseās departure.
He did admit that work at Yaramoko has been slightly delayed by the change in government in Burkina Faso, but noted, āapart from that we havenāt really experienced any impacts from the change in government.ā Watch the video below to find out what the company will be up to in 2015.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure:Ā The Investing News NetworkĀ does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts.Ā The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do notĀ constituteĀ investment advice. All readers are encouraged to perform their own dueĀ diligence.
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