Roscan Gold Corp V.ROS

news-releases/roscan-gold-announ

[Lukespapa]

https://roscan.ca/investors/news-releases/roscan-gold-announces-overnight-marketed-public-offering/

[Systemtogo]

Wow I should really read the posts from now on first haha. Not sure what to make of this. Guess we'll have to see the price and number of warrants issued. I hate warrants.

[willyk3]

Hate warrants as well  They can sure numb any price rise. That said we allready have somewhere abouts 300 million shares outstanding

[kkkrrr]

lol...only 6% warrants.. when the price is appr. 45c the deal is OK .. ROS needs the money for drilling like hell... superb ans large landpackage

[Systemtogo]

Better not be 35 cents or something ridiculous. This can be a good thing if they have the right price for the right amount of money and shares. They're getting into serious dangerous territory though for overdilution. We're already over 300 million shares as it is. I'm actually a little surprised they're still raising money right now. They seemed to have been well funded for a

[Systemtogo]

Anyway. Im getting ahead of myself. Let's wait and see. More money at a good price would bode well to keep us funded through a potential crash in the stock markets which Im quite certain will happen in the next few months. It would be great if this funding can carry us through to a takeover. It also bodes well for confidence in ROS's future prospects.

[Pat19xx]

Keep in mind Nana said we will raise market cap from 100M to 1B , if you do the math even with 350M share its 3$/ share . 

[wilwal]

I have long been of the opinion that $3 is not an unreasonable expectation here and it continues to appear more attainable all the time. If this new capital results in a more aggressive drilling campaign, we will get there sooner than later.