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Bullboard - Stock Discussion Forum Roscan Gold Corp V.ROS

Alternate Symbol(s):  RCGCF

Metals & Mining Gold
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 > In anticipation of Q4
View:
Post by ABDPhil on Sep 27, 2022 10:58am

In anticipation of Q4

The caveat I posted on August 8 is still relevant. The level of cash as of June 30, in addition to the subsequent expenses related to drilling, means that Roscan will have to finance itself soon.
 
Consequently, the impoverishment of the shareholders will be done by dilution. To reverse the SP trend, the drilling results will have to be much more convincing.

https://stockhouse.com/companies/bullboard?symbol=v.ros&postid=34880133
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