Bullboard - Stock Discussion Forum Roscan Gold Corp RCGCF

Primary Symbol: V.ROS

Metals & Mining Gold

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... see more

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Roscan Gold Corp > About the 43-101 Technical Report

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Post by ABDPhil on Jul 03, 2022 10:04pm

About the 43-101 Technical Report

Roscan issued a 43-101 technical report last Thursday and since then no comments have been posted on SH. However, this report is the document on which all shareholders should rely to justify their investment. It is all the same strange to note the lack of interest for such an important document.

For those who have the necessary skills to analyze this type of report, everything is explained. For the moment, there is no indication that this project is promising or doomed to failure. The only certainty is that the amounts that will be needed to achieve this greatly exceed the current level of cash.

Consequently, the next dilution is imminent while the next resource calculation is certainly not planned for the next few months. If the management team could hope to see the SP go up before the next funding, it is not the last 43-101 who can take credit for it. In conclusion, the market capitalization of ROS could easily be divided by 2 without anyone being indignant.

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