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Bullboard - Stock Discussion Forum 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... see more

TSXV:ROS - Post Discussion

Roscan Gold Corp > Heavy dilution coming
View:
Post by Goldprospect24 on Jan 26, 2024 6:29pm

Heavy dilution coming

How much longer can ROS extend creditors with zero capital and no positive news to raise capital? No choice but to massively dilute all shareholders to stay solvent as there must be issues behind the scenes getting the mining permit. Big selling volume today so somebody wants out. Not a single news release,  interview, update to shareholders in 5 months. Not looking good. Both Gentile and the CEO indicated mining permit was coming by year end so they should be held accountable by shareholders to their comments.
Comment by Storm23 on Jan 28, 2024 8:25pm
It's out of their hands , nothing to do but wait for the sanxtions be lifted and mining permit granted 
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