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Roscan Gold Corp RCGCF


Primary Symbol: V.ROS

Roscan Gold Corporation is a Canada-based gold exploration stage company. The Company is focused on expanding its resource footprint in West Africa. The Company has assembled a significant land position in the prolific gold prospective Birimian rocks of west Mali. Its Kandiole Project consists of its exploration properties located in West Mali. Kandiole Project is comprised of approximately nine contiguous gold prospective permits, encompassing approximately 402 square kilometers, located within the Kenieba Cercle, an administrative sub-area of the Kayes Region, approximately 400 kilometers west of Bamako, the capital of Mali in West Africa.


TSXV:ROS - Post by User

Comment by wilwalon Mar 15, 2021 9:08am
111 Views
Post# 32797267

RE:RE:RE:Ros is a no brainer

RE:RE:RE:Ros is a no brainer

There are several ways this can go:

1. Production.  The company now has both the talent and the capital access to move to production. This is a great negotiating option should suitors fail to offer full value.
2.Full takeover in less than a year.  The problem with this option is that ROS shareholders will not know what the full value is because it is not physically possible to determine full value by Q4/21. Too much land, not enough drills.
3. Full takeover late 2022.  Full value will be much closer to determination.
4. Focus on MS, MN and Kaybaya now, sell those particular permits late this year for a viable mine, then continue to prove up the rest of the targets while adding to the land package. Repeat.

We will get some insight into company thinking when we see the major update on their airborne survey and their drilling plans for the rest of the year.



Systemtogo wrote: Yup this will be a $2 or $3 stock eventually. It won't get taken to production. ROS will get bought out by end of year. Mark my words!

 

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