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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 rockhead7on Aug 30, 2020 10:04am
225 Views
Post# 31476535

Predictions

PredictionsObviously those of us on the outside are not privvy to the results, but there are clues.  The fact that they are adding a fifth rig speaks volumes, if they did not like what they were seeing they would be doing the opposite.  And again, kudos to management for taking the safe conservative route and financing while it was available.  A friend recently reminded me of a project that we both a sizable stake in, management rejected the idea of dilution as the company was on the cusp of greatness, that was about 2007---oi vey.  The great financier Peter Brown reportedly has a sign over his desk"Take the money"-almost always sage advice.  We may have given up a little in dilution with the last offering but we are firmly in control of our own destiny.  And the drills are still turning.
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