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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 > Catalyst over next 3 months
View:
Post by oilfiftybucks on Sep 15, 2023 5:30pm

Catalyst over next 3 months

Nice quiet move up this week but a long way to go for most shareholders.
  • Mining permit before year end and then $5MM injection by osisko royalties
  • updated resource estimate is also expected. Recent drill results were very positive.
  • Most analyst see gold above $2000 by year end which will open up interest in the micro cap space.
We could easily be back to .40 by year end. 2024 target is $1 plus but i would guess we get taken out well before then if the above news comes through. Would be nice to see a little more chatter and differing views on this board.

Good luck to all the longs that have weathered the storm so far, bright skies are on the horizon.
Comment by Storm23 on Sep 17, 2023 11:15am
More drilling results expected in the near future.We're undervalued at present but will get there.Full mining permit and add another million ounces or so to our pile and we're golden.
Comment by rockhead7 on Sep 18, 2023 10:46am
The nice thing about holding this stock-the only nice thing-is that there is no danger of a complete collapse.  They, insiders, cashed up pre-emptively @.20 and they have $5MM coming as soon as the bureacracy stamps the permit.  Moreover part of their portfolio of mining assets is a pit that can be put into production quickly.  The wheels of government grind slowly in Africa but ...more