Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by rockhead7on Jan 28, 2021 10:57am
284 Views
Post# 32409154

share performance

share performanceWe all share in the disappointment of the performance of this stock, especially when we compare it to the actual results on the ground.  We need to remember the very  professional and well planned incentive options.
I was a broker for many years and watched countless management teams run the share price up, exercise their options then exit.  The fire exits at ROS are blocked.  First they need, over a period of a year, to outperform their peer group.  Then they receive an increasing amount of stock under option depending on how much of actual proven gold they find that is commerically viable.  Hiring a sleazy promoter to move the paper will do them no good.  Bottom line, management is looking at this as a career defining opportunity-but share price is less important, right now, than results.  To maximize their options they need to prove, I believe, 2.5MM ounces.  If they prove up that number they will be very rich-and my reirement will be very comfortable.  In the meantime, friendly large shareholders keep exercising options early which keep the drills turning and the proven number keeps moving higher without further diution.  I am sure that our producing neighbours are hanging on every drill result and formulating plans, whilst keeping a close eye on each other!  I wish the price were soaring like a money losing gaming stock but I am content to wait for the ROS story to unfold logically. Question, if they get taken out before they finish drilling out the project do they get the bonus shares for proving up the ounces? The answer to that question might be piviotal to the timing of any TO
<< Previous
Bullboard Posts
Next >>