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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 dustymion Mar 02, 2021 3:53pm
112 Views
Post# 32697552

RE:RE:RE:RE:RE:RE:RE:I'm out

RE:RE:RE:RE:RE:RE:RE:I'm out If there is one negative about ROS it is/was the huge pile of warrants!  HOWEVER, you need to look at the history of how the 'present form' of ROS came to be.

It only exists in it's present form because the' tireless' efforts of Mr. Greg Isenor and all his people, contacts, experience and relationships that he developed through the years of working in West Africa / Mali ( Merrex,  etc ).  When he 'accumulated' all these land packages, there was NO interest in gold and especially junior gold mining companies; and therefore almost impossible to raise money.   ( 2016, 2017, 2018 ).  Recall Pelangio ( PX.V).  I can't remember the exact amount, but Greg kept ROS alive with at least $750, 000.00 of his own money.  ( I've been in ROS since 2005, so my memory is fading a bit )!  That's why it became necessary to 'sugarcoat' things with cheap warrants to get financing! 

All these warrants came into existance many years ago, long before they knew what was really in the ground! 
( Recall that the last financing at 0.32, had NO warrants attached!  That tells you a lot )!

Yes, this pile of cheap warrants has dilluted ROS a lot, but it's what kept it alive.  And in the end, if the goods are in the ground, and it's looking that way, then we will ALL make a lot of money!

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