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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 ABDPhilon Nov 10, 2021 7:46am
100 Views
Post# 34108686

RE:RE:RE:RE:GREAT ! Roscan testing shows 97.6% recovery from Kandiole

RE:RE:RE:RE:GREAT ! Roscan testing shows 97.6% recovery from KandioleYou are burning the steps.
Even though the Kandiole permit is located in a prolific sector, the results obtained to date do not justify the current market capitalization.

Even if all goes well, Roscan has no other choice than to finance itself by adding capital. Dilution of stocks is your worst enemy.

The team's ability to raise new money looks good. Therefore, most increases in stock price are likely to be followed by funding and ultimately a further fall in stock price. You can have fun on these waves if you want to, but don't be the fish and get out quick.

Speculating on the stock price is something you will be able to do once the Kandiole permit has demonstrated significant mineral reserves, if any. If all goes well, there is about 2 years of work left to get there.

be careful
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