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Roscan Gold Corp V.ROS

Alternate Symbol(s):  RCGCF

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 topcoinon Jul 23, 2020 12:29pm
146 Views
Post# 31308412

Netbacks

NetbacksUsing Fekola All In Costs it appears that netbacks are pushing  $ 1,200 an ounce
Mankouke S is one of 10 Targets; and maybe 1/3 drilled up ? So thats about 3% of current exploration potential ? 4 rigs spinning and nicely cashed up looks to me like a decent risk / reward .
Biggest risk is a takeover before this one matures ? B2 could pay a buck US out of one Qtr cash flow, with everything in place to produce the Trend.
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