Bullboard - Stock Discussion Forum Roscan Gold Corp V.ROS

Alternate Symbol(s): RCGCF

Metals & Mining Gold

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... see more

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TSXV:ROS - Post Discussion

Roscan Gold Corp > In anticipation of Q4

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Post by ABDPhil on Sep 27, 2022 10:58am

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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