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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 rockhead7on Jun 03, 2021 2:16pm
205 Views
Post# 33320214

RE:RE:Stage of development

RE:RE:Stage of developmentI agree completely with your assessment of Greg-he is a world class finder of gold, but not a mine builder.  However Greg is not running this company anymore, in fact I just wrote two cheques for his next two ventures(if Greg Isnor is involved then I want a piece of the action-end of stoy)
This company is Nana's and I just do not have a feel for what his approach will be.  Obviously he is more of a deal maker than Greg(based on past empoyment)-my gut tells me he is more comfortable building through acquisition than the drilbit.  I would be very surprised if he has not already had indepth talks with BTO and Barrick to explore synergies.  And do not overlook the influence of the Mai government in this.  Obviously the federal government of Mali knows that it needs to rebuild investor confidence but they are aso in desparate need of royalty income and employment.  I am sure that they are aware that the fastest way to realize cashflow from this project is to have an existing major take out Roscan  and develop our project as a satelite-much faster than Roscan building infrastructure from scratch.  They do not want to be seen as leaning on anyone but behind the scenes I wouldn't be surprised if the government has made their wishes known.
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