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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 > permit
View:
Post by rockhead7 on Jun 05, 2024 10:02pm

permit

once we get a license we are off to the races.  The starter pit should make for near term cashflow-as soon as the government gets it act together.  This could take a while.... Seriously the silly service in Mali has done us a tremendous service by fumbling this file while the POG shot up.  Now we get to commence production at record gold prices-at $2400/ounce the margins are huge.
Comment by ABDPhil on Jun 24, 2024 9:47am
That's too much hope for just one permit.   Mali seeks to increase revenue for the state; tax benefits are slowly deteriorating; and the country is losing its competitiveness.   Without consideration for the quality of the permit, capital is now difficult to obtain, or very expensive, and often impossible to obtain.   B2gold is still a potential buyer. If applicable, ...more  
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