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Bullboard - Stock Discussion Forum 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... see more

TSXV:ROS - Post Discussion

Roscan Gold Corp > No news is good news?
View:
Post by oilfiftybucks on Jun 20, 2023 1:52pm

No news is good news?

Strange times here for ROS. No bullboard comments, volume is conpletely dried up and company has gone radio silent. Are we getting a buyout or are we going bankrupt?
Comment by rockhead7 on Jun 20, 2023 10:45pm
insiders just lined up for a private placement at a premium to market.  And we will get another 5MM as I recall upon the issuance of the permit.  So we are not heading for bankruptcy, in fact I am a little chocked at the unnecessary dilution.  We have a mineable deposit next to an existing facility-that is valuable-even more so to the owner of the existing deposit. Sooner or later ...more  
Comment by oilfiftybucks on Jun 21, 2023 9:30am
All good points but they don't translate to any interest in the stock. No buyers, only net sellers to the bid. Who is selling here if the future is so bright? Insiders were "lined up" at the recent issuance at 20 cents yet the same insiders are not buying any at 16 cents? Not passing the sniff test for me. 
Comment by rockhead7 on Jun 24, 2023 11:03am
completely agree-where are the PP participants now?  Its not like they got an equity kicker with the PP-but not sure how this is bad from the perspective of small shareholders.  I have been involved since the original 5 cent offering and several subsequent ones-yet I was not invited in on this.  The inner circle kept this to themselves, I am hoping that this turns out to be a gross ...more  
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