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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 ABDPhilon Sep 27, 2022 10:58am
223 Views
Post# 34989330

In anticipation of Q4

In anticipation of Q4
The caveat I posted on August 8 is still relevant. The level of cash as of June 30, in addition to the subsequent expenses related to drilling, means that Roscan will have to finance itself soon.
 
Consequently, the impoverishment of the shareholders will be done by dilution. To reverse the SP trend, the drilling results will have to be much more convincing.

https://stockhouse.com/companies/bullboard?symbol=v.ros&postid=34880133
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