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Bullboard - Stock Discussion Forum 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... see more

TSXV:ROS - Post Discussion

Roscan Gold Corp > results
View:
Post by rockhead7 on Sep 30, 2020 4:14pm

results

based on 3-4 rigs and the amount of time that has elapsed since the last release its logical to assume that they have a lot of results pending.  Moreover, and perhaps this is my rose coloured glasses coming on, the fact that they added a rig part way thru the season suggests that they were not disappointed by what they were seeing.  On a differnt tack altogether, I do not know what to make of Iam Gold's plans in the area right now.  They appear to be laser focused on putting their newest Canadian project into production-likely no further room in the development budget for another project.  Does that mean that Siribaya might be looking for a home?  If so, what a perfect fit!  With so many former MXI shareholders now holding ROS it would be ironic if the payout finally happened in Roscan!
Comment by wilwal on Sep 30, 2020 11:20pm
I believe that IMG has recently set up their 4 assets in the area (Siribaya, Diakha, Karita and Boto) for strategic review so I expect they are actively looking to divest the properties.  IMO, they aren't going to piecemeal it off unless they do mulitple simulaneous deals because as in most things, the sum of the parts is greater than the whole.  The difficulty they have there is ...more  
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