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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 > Heavy dilution coming
View:
Post by Goldprospect24 on Jan 26, 2024 6:29pm

Heavy dilution coming

How much longer can ROS extend creditors with zero capital and no positive news to raise capital? No choice but to massively dilute all shareholders to stay solvent as there must be issues behind the scenes getting the mining permit. Big selling volume today so somebody wants out. Not a single news release,  interview, update to shareholders in 5 months. Not looking good. Both Gentile and the CEO indicated mining permit was coming by year end so they should be held accountable by shareholders to their comments.
Comment by Storm23 on Jan 28, 2024 8:25pm
It's out of their hands , nothing to do but wait for the sanxtions be lifted and mining permit granted 
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