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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 ABDPhilon Sep 28, 2021 1:58pm
254 Views
Post# 33931316

RE:RE:RE:Follow the $

RE:RE:RE:Follow the $
I believe it would be necessary for you to understand that exploring for a permit is a risky operation that requires a lot of money and takes several years.
 
An exploration program is generally divided into 4 phases and the closer you are to phase 1, the greater the uncertainties and therefore the greater the risk that the exploration program will be abandoned or suspended.
 
Despite the interesting grades that Roscan has encountered on its flagship license, there is nothing for the moment that can establish a value that justifies its current market capitalization. Consequently, there is nothing to justify such comments that Roscan is a godsend.
 
However, we can observe the situation evolving and do what is necessary to better understand this permit, without investing any money in it. Personally, that's what I'm doing for the moment with Roscan. If the situation turns in the right direction, I will eventually be able to capitalize on my efforts and invest money in them. Otherwise, I will have wasted time ... and just time.
 
Finally, know that I am not passing judgment on the current shareholders of Roscan. My simple objective is to convey the words of those who allow themselves to affirm the presence of a formidable investment opportunity when they have absolutely no data to demonstrate these affirmations. Go gambling if you want to, it's okay if you are aware of it.
 
This universe of exploration companies is a place where a lot more money is lost than it is gained. If my words can make some people think and push them to work harder to better understand the risks involved, I will derive satisfaction.
 
I know that trust is something that takes a long time to be earned. This is why I understand people like Storm23 whose only word is that my words are based on a strategy. I do not intend to debate this type of unnecessary comment.
 
If long-term investors wish to share their views on this permit with me, I am very open. I do not pretend to know everything and I believe that there is a way to obtain better results in a spirit of community.
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