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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

Post by rockhead7on Jun 03, 2021 12:08pm
250 Views
Post# 33319224

Stage of development

Stage of developmentIts a continum from rank exploration to serious prospect to mine awaiting development-and the vast majority of juniour explorers die on the bottom rung of that ladder.  I have to say that ROS appears to have crossed the highest threshold and should be considered a development company.  Frankly I did offer some shares for sale, none got taken thankfully,  the morning the news of the coup came out-the coup a decade ago destroyed my first retirement and I am a little antsy. But frankly the mature and wise response to that situation from their neighbours, acting in concert as ECOWAS and the stunning military response from France gives me hope for Mali's future. And the numbers coming out of the ground fil me with optimism about ROS-Greg's termites do it again!  Now we await the formal resource calculation-hard to believe it will disappoint when you look at the clues so far. I think the only question will be do we take the quick 5 banger or settle in and build a mine-and a long term 20 banger or more.
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