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Roscan Gold Corp V.ROS

Alternate Symbol(s):  RCGCF

Roscan Gold Corporation is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold’s Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in West Mali. The Kandiole Project consists of nine contiguous gold prospective permits, encompassing approximately 402 square kilometers, located within the Kenieba Cercle, an administrative sub-area of the Kayes Region, approximately 400 kilometers (km) west of Bamako, the capital of Mali in West Africa. The prospective gold permits include Dabia South, Kandiole North, Kandiole West, Mankouke West, Moussala North, Niala, Segando South, Bantanko East, and Segondo West.


TSXV:ROS - Post by User

Comment by wilwalon Dec 31, 2020 8:46am
145 Views
Post# 32202191

RE:RE:RE:RE:RE:Gold Juniors moving up BUT NOT ROS ! WHY NOT FOR HEAVEN SAKE

RE:RE:RE:RE:RE:Gold Juniors moving up BUT NOT ROS ! WHY NOT FOR HEAVEN SAKEYes, I am quite familiar with the results. They have other discoveries and they are "potential" deposits as you suggest.  The market is not pricing them in because they need to drill deeper to prove that there is a high probability that they are economic deposits.  The drill results so far are not substantial enough to establish that.   If they were, the stock price would be north of $1 right now.

We saw how it could go wrong just south in Sirabaya where early shallow results made MXI share price soar to .90, only to have the DD results disappoint and eventually abandoned while the stock price went back to under .10.   Things are different a decade later, there is more understanding of the geology of the area and tech has improved but risks remain until we see deeper results.

Bring on the results.  January should be loaded with information on progress and investors will be making informed decisions on what the next valuation level should be.
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