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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 Nov 25, 2020 11:47am

Results

Completely agree-we are getting positive results that have to be getting the attention of producing companies in the hood!  The economics of adding incremental ounces to existing production are incredible-I am just sorry that Iam appears to be focusing on NA-that will reduce deal tension going forward.  On the other hand it might, although its a long shot, represent an opportunity to build the portfolio and amplfy our returns!  Bottom line, with gold at near record levels producers have massive cash hoards and a frantic need to replace reserves.  Quality gold projects are increasingy rare-this will end very well!
Comment by wilwal on Nov 27, 2020 12:31am
Don't worry about IMG not being in the picture.  Read this Northern Miner article and it indicates there are 6 CA's signed.  Yes, 6! https://www.northernminer.com/news/roscan-gold-advances-kandiole-project-in-mali/1003825268/ There will be plenty of interest when the time comes.  It's a one year hold.  Sit back and let they go to work.  
Comment by jdgreat1 on Nov 27, 2020 11:04am
WOW: What kind of confidentiaity agreements??? That artical sounds so upbeat.  Could be @ 2 bucks next year with 500M Market Cap!!! before six confidentiality agreements the company has signed expire at the end of next year. Drills are turning around the clock in two shifts.
Comment by wilwal on Nov 30, 2020 3:51pm
These would be the same kind of CA that a company signs when they are looking to buy out a company.  Of course they are nowhere near making an offer, but this gives 6 companies the ability to examine the progress between now and the end of next year.  It will facilitate a takeover as the due diligence will be done as soon as ROS gets their final assays and/or Resource Report.  The ...more  
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