Roscan Gold Corp RCGCF

I'm out

[Systemtogo]

I believe in the long term prospects of ROS but I dont like pump and dumps for no reason. I'll buy back in the high 30's/low 40's. Hopefully we've formed a new base in the low 40's.

[dustymi]

With all due respect, IMO, this is NOT a pump and dump!  As I and many others have said for a long time, this is the 'real deal'!  Real people, real property, in the right address!!  Very professionally done! I don't think you'll see the high 30's or low 40's again; unless gold crashes or 'something' nasty comes out of the blue. But I've been

[Pat19xx]

Was about to say the same thing , it's just the beginning . I won't sell a single share till 1$ And maybe more 

[dustymi]

I agree completely with you.  However, 'Systemtogo' might be right in the short term; ANON. is still dumping way too much paper / still too many warrants / there are still many trading days until March 21.  But that's all just short term and I'm not very good at short term trading.

[Systemtogo]

I bought back in at the same price I sold at yesterday .47. I really thought we'd pull back to the low 40s this morning. Might still dip but I believe in ROS and will just hold on now until at least some more drilling results come. Its unbelievable how some of these stocks soar just from being mentioned on Kitco. I think we're so close to seeing some results now that even warrant holders

[Pat19xx]

Good to see you back aboard

[Systemtogo]

Yup holding strong now. Take a look at YGT and what they have going on there. Insiders have been buying. On the cusp of drill results. Unbelievable management. And the stock is out of favor. Perfect time for entry. Check out this video... https://youtu.be/tEM7iSRiJ2Y

[dustymi]

Yes, it's good to see you back.  Hold on tight!  At these prices, warrant holders are making 300 to 400% on their money.  But more importantly, there is no paper around, 'of size',  for institutions to buy at these levels. ( These warrants are supplying ROS with the cash they need to drill, etc., so they don't have to go to the market for money, at this time. So

[Systemtogo]

Ya well cheap warrants have some major downsides and ideally, if they do have a good project, I frown on management that always uses warrants to fund their projects. I hope that's the last of it, otherwise I might take my money elsewhere. Warrants can be a death blow for any stock for several months or years. Do we know how much cash ROS has on them presently? 

[dustymi]

If there is one negative about ROS it is/was the huge pile of warrants!  HOWEVER, you need to look at the history of how the 'present form' of ROS came to be. It only exists in it's present form because the' tireless' efforts of Mr. Greg Isenor and all his people, contacts, experience and relationships that he developed through the years of working in West Africa / Mali (

[Systemtogo]

If they do show good results, I wonder what the chances are we'll get bought out by Barrick. They seem like a likely candidate to buy us out with some of their biggest mines close by. Id be happy with $2 a share but ill take $5 :)

[Pat19xx]

There's probably 5-6 possible buyers ! Do you know what happen when 5-6 wanna buy your house , we will get a great price for sure :) But there's lots of work before that . Dont forget the possibilities that they sell some part and operate some ourselves . That way we would be well financed without dilution , that's what I would prefer 

[wilwal]

Management is concerned about an early hostile takeover bid because it could be successful without shareholders getting what will later prove to be greater value.  I seriously doubt it would come from Barrick or B2Gold.  It would be more likely to come from a Chinese company.