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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

Post by rockhead7on Apr 20, 2021 12:12pm
232 Views
Post# 33029537

5 Million onces!

5 Million onces!Right now I would suggest that 4-5 million onces is a pipe dream-but they are hitting at a rate of 90% so who knows.  And the $3 target does not require that much gold.  One wild card is Iamgold and the Siribaya discovery to the south of us. Iam acquired this with its takeover of Isnor's last company, Merrex.  Its probably 2 to 3 million ounces right now.  If Iam could be persuaded to JV it to us suddenly ROS is the 800 pound primate in the hood. Iam seems to have had a change of heart corporatelly and are focused on their big project in Canada-and, frankly, they they do not have the balance sheet to move both projects ahead simutaneously.  We represent a way to monetize a dead asset.  Lets hope our BOD-which is more like a senior producer BOD-is on this.  It would be a quick way to leapfrog into the big leagues.  Ironically we have a deeper understanding of Siribaya than Iam will ever have-bodes well for the negotiations!
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