Romarco Minerals Inc (RTRAF)

[Drahcir]

YES...I live in UPSTATE SOUTH CAROLINA ABOUT 2O miles from the new mine. Just got in a few days ago and added more today. Buyers will be flooding into this from around the WORLD, especially when the GOLD SECTOR heats up in the next year or two.

TREMENDOUS INVESTMENT OPPORTUNITY many don't yet know about, so get in NOW!!!!

[Sage7243]

Help me get the word out, man. 50% upside potential here. OceanaGold pays a dividend, too.

50% is not shabby for a three month gain.

[shotcallers]

Dude nice work

[Sage7243]

http://www.oceanagold.com/assets/Uploads/OceanaGold-Q2-2015-Results-Press-Release-FINAL-2.PDF

[Sage7243]

More about Oceana Gold!

http://www.oceanagold.com/investors-and-media/

[Sage7243]

ROMARCO operates The Haile Gold Mine near Lancaster County, SC.


http://hailegoldmine.com/

[Sage7243]

GOLD is KING!!!!


Let's get this ticker on the Breakout board folks. I say another 20% gain today is certainly plausible. .72 a share or more. How many Chinese wealthy folk are buying gold RIGHT NOW?

[Sage7243]

OceanaGold Agrees to Buy Romarco Minerals in C$856 Million Deal -- Update
Font size: A | A | A
5:45 AM ET 7/30/15 | Dow Jones
By Robb M. Stewart

MELBOURNE, Australia--OceanaGold Corp. (OGC.AU) has agreed to buy Romarco Minerals Inc. (R.T) in an all-stock deal valued at 856 million Canadian dollars (US$660.2 million) that the companies say will create a low-cost gold producer with output of about 540,000 troy ounces a year.

In a joint statement Thursday, the companies said Romarco shareholders would receive 0.241 OceanaGold share for each of their shares. That works out to the equivalent of C$0.68 a Romarco share, a 73% premium based on the Tuesday closing prices for the companies on the Toronto stock exchange.

Upon the deal's conclusion, OceanaGold shareholders will own about 51% of the new company and Romarco investors the remainder, the companies said.

The merged company expects to have an "all-in" production cost of less than US$600/oz, with about 75% of output coming from New Zealand and the U.S. by 2017, the companies said. The enlarged mining company will also benefit from greater financial flexibility, they said.

The deal is subject to approval by shareholders of OceanaGold and Romarco, with votes scheduled for late September or early October.

National Bank Financial Inc. is acting as financial adviser to OceanaGold, while RBC Capital Markets is advising Romarco, the companies said.

OceanaGold's operations include New Zealand's largest gold-mining operation at the Macraes Goldfield in Otago and the Didipio gold-and-copper mine in the Philippines. Romarco's key asset is the flagship Haile gold mine in South Carolina, which the company expects to begin production by the end of 2016.

Write to Robb M. Stewart at [e-mail]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires



> Dow Jones Newswires

July 30, 2015 05:45 ET (09:45 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

[Sage7243]

RTRAF is BOUGHT OUT!!


.72 a share


Woohoo!

[shotcallers]

Sage preach brother. I love this company and would love to jump back in. Just make me feel good about it.

[Sage7243]

Then, I assume you know nothing. I live in a nearby town, and I have friends who work the mine.

[shotcallers]

I am assuming they are out of business because I found nothing on them

[SilverSurfer]

looking like TLTL

[Sage7243]

When will the gold come out of the ground again?

[shotcallers]

Agree this has become far too risky at this point. They will serious funding to get through this mess. Will keep an eye, but don't see them not having more dilution before its all over. Too bad, but it might create an opportunity.

[SilverSurfer]

dilute to fund operation - end of story

[1~Eye~Jack!!]

~ RTRAF = ROMARCO ANNOUNCES 2015 FIRST QUARTER~RESULTS!!

TORONTO, April 29, 2015 /CNW/ - ROMARCO MINERALS INC. (TSX: R) (OTC Pink Current Information: RTRAF) (the "Company") is pleased to announce that it has released its results for the first quarter ended March 31, 2015. The Company's 2015 first quarter financial statements and MD&A are available on SEDAR at www.sedar.com and on the Company's website at www.romarco.com

All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.

Highlights from the first quarter and recent events include:

The Company completed a bought deal equity financing of C$300 million for the equity portion of the requisite funding for its 100%-owned Haile Gold Mine project.
On April 10, 2015, the Company signed a $200 million secured project finance credit agreement (the "Project Debt") with Caterpillar Financial Services Corporation, ING Capital LLC, Macquarie Bank Limited and Societe Generale Corporate & Investment Banking. This facility combined with the equity financing fully funds the construction of Haile.
On January 8, 2015, the Company resolved an appeal of the State Mine Operating Permit after which, all permits for construction and operations became effective to construct and operate Haile.
Cash balance at March 31, 2015 was $207.3 million and approximately $197 million at April 29, 2015.
Cash spend on operating and investing activities during the three-month period ended March 31, 2015 was $52.2 million (including $22.0 million for purchase of the remaining balance of CAT equipment under contract and $20.0 million for purchase of mitigation property, Goodwill Plantation) compared with $9.2 million during the same period in 2014.
Reported $3.7 million ($0.00 loss per share) net loss for the three-month period ended March 31, 2015 compared with a $2.9 million ($0.00 loss per share) net loss during the same period in 2014.
About Romarco Minerals Inc.

Romarco Minerals Inc. is a gold development company focused on production primarily in the US. The Company has completed a positive Feasibility Study, received all major permits and secured financing for its flagship project, the Haile Gold Mine in South Carolina. The Company's current construction schedule contemplates first production during the fourth quarter of 2016.
[/b ]
Please note:
This entire press release may be accessed via fax, e-mail, Romarco's website at www.romarco.com and through CNW Group's website at www.newswire.ca. All material information on Romarco Minerals Inc. can be found at www.sedar.com.



SOURCE ROMARCO MINERALS INC.

Romarco Minerals Inc., Dan Symons, Vice President, Business Development & Investor Relations, Phone: [phone], E-mail: [e-mail]

[SilverSurfer]

it's an either or answer... if they can secure a benefactor to lend money and hold ownership... or dilute the stock and raise money with less ownership... or just take the profit and sell it all, but... Haile can make profit anywhere above pog $700 (+ -)

[shotcallers]

Price of gold is not going to make the debt part easy.

[SilverSurfer]

1) buy out
2) dilution
3) debt

[shotcallers]

Where does the other 250 million come from.

[SilverSurfer]

Ron Stewart Presents Juicy Gold Takeover Targets

"We look for good management teams, good balance sheets and projects that are not highly leveraged."

TGR: Which near-term U.S. gold producer are you keen on?

RS: Romarco Minerals Inc.'s (R:TSX) Haile mine in South Carolina is now fully permitted, and its debt is secured. The company still needs to complete its financing, but Haile is shovel-ready. Haile should produce 150–175 Koz per year for 10–12 years. Its reserve is about 2.6 g/t, which means an all-in sustaining production cost of less than $700/oz.

TGR: Until the company suspended exploration in 2013, Romarco was regularly getting outstanding assay results. Now that mine construction is close, will exploration recommence?

RS: Haile has a current gold reserve of 2 million ounces (2 Moz), with a Measured and Indicated resource of 4 Moz. So the possibility of expansion is already contained in the mining plan. Romarco's priority is money. It was successful in organizing a bank syndicate to give it a $200 million ($200M) term sheet, but it still needs to secure an additional $250M or so needed to build the mine. I would expect to see news on that front ahead of exploration news.

We believe that Haile will be built and that it will be a success. We've given Romarco an Outperform rating, with a target price of $1.15/share, which is over an 80% premium over its current share price.
http://www.theaureport.com/pub/na/ron-stewart-presents-juicy-gold-takeover-targets

[1~Eye~Jack!!]

~ RTRAF = Da Mine'n is Finalllly Start'n!!
http://hailegoldmine.com/home/

$300Million++ in da Bank & Dilutions arRre OVER!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110776282
http://investorshub.advfn.com/Romarco-Minerals-Inc-RTRAF-25586/

Gold is Holding well and is on a $low Uptrend!
http://www.kitco.com/market/

RTRAF = Worth around $6Billion in~GOLD~Asset$!!
http://www.romarco.com
With the Current O/S Under 1.2bils shares,, this Stock should be Trading around $5 per Share!

[Sage7243]

Hi Jack,

I have this stock on my radar. Any upcoming catalysts that you can think of?

[77racing]

Yet we cant break the 50 cent mark

[1center]

http://www.thedigitel.com/sites/default/files/styles/large/public/field/story/image/golden20shovels.jpg

[1~Eye~Jack!!]

~ RTRAF = is Worth around $6Billion in~GOLD~Asset$!!

http://www.romarco.com

With the Current O/S Under 1.2bils shares,, this Stock should be Trading around $5 per Share!

[1~Eye~Jack!!]

~ RTRAF = ROMARCO COMPLETES C$300~MILLION~BOUGHT~DEAL~EQUITY~FINANCING!!

TORONTO, Feb. 11, 2015 /CNW/ - ROMARCO MINERALS INC. (TSX: R) (OTC Pink Current Information: RTRAF) ("Romarco" or the "Company") is pleased to announce that it has closed its previously announced bought deal equity offering of 517,300,000 common shares (the "Shares") at a price of C$0.58 per Share (the "Offering") for gross proceeds to the Company of C$300,034,000.

The Offering was conducted through a syndicate co-led by BMO Capital Markets and Cormark Securities Inc. and including RBC Capital Markets, National Bank Financial Inc., Desjardins Securities Inc., Paradigm Capital Inc., Clarus Securities Inc., Euro Pacific Canada Inc., Macquarie Capital Markets Canada Ltd. and Raymond James Ltd. (collectively, the "Underwriters").

The Underwriters have been granted the option to purchase up to an additional 15% of the Offering, exercisable in whole or in part at any time up to 30 days from the date hereof.

The net proceeds of the Offering, together with the project financing facility, will be used to fully fund the Haile Gold Mine in South Carolina, for working capital and general corporate purposes (as more fully described in the prospectus dated February 4, 2015 and filed by the Company in respect of the Offering).

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Romarco Minerals Inc.

Romarco Minerals Inc. is a gold development company focused on production primarily in the US. The Company has completed a positive Feasibility Study and has received all major permits for its flagship project, the Haile Gold Mine in South Carolina.

Please note:
This entire press release may be accessed via fax, e-mail, Romarco's website at www.romarco.com and through CNW Group's website at www.newswire.ca. All material information on Romarco Minerals Inc. can be found at www.sedar.com.



SOURCE ROMARCO MINERALS INC.

Romarco Minerals Inc., Dan Symons, Vice President, Investor Relations, Phone: [phone], E-mail: [e-mail]

[77racing]

The pps is going nowhere.. this mgmt team just keep diluting the stock,,,just sad

[rs99]

Thought it may interest some of you.

[rs99]

Local news article. I live in next county over.
http://www.heraldonline.com/2015/01/23/6730992_hiring-begins-for-haile-gold-mine.html?rh=1

Hiring begins for Haile gold mine in Lancaster County
BY DON WORTHINGTON
[e-mail] 23, 2015 Updated 16 hours ago


A view of Haile Gold Mine near Kershaw in southern Lancaster County.
FILE, GERRY MELENDEZ — [e-mail]

Applications for the Haile gold mine near Kershaw in southern Lancaster County are being accepted by the SC Works office at 705 N. White St., Lancaster. The office is open Monday through Friday from 8:30 am. to 4 p.m. The office phone number is 803-285-6966.

Romarco Minerals is taking applications for its Haile gold mine near Kershaw in southern Lancaster County.

The hiring process begins as the Toronto-based mining company has secured all the necessary federal and South Carolina permits to mine the land where Col. Benjamin Haile discovered gold in 1827.

Romarco also is completing a $300 million finance package that will allow the company to move forward, Diane Garrett, Romarco’s president and chief executive officer, said Friday from the company’s local offices in Fort Mill.

The financing should be completed by Feb. 11, Garrett said.

With the financing in place, Romarco will begin to hire the 350 permanent workers needed to mine the microscopic gold.

Romarco is permitted to mine 2 million ounces, and the company believes there may be an additional 2.8 million ounces that would be economical to mine under current market conditions.

The price of gold Friday was about $1,294 per ounce and has frequently been above $1,300 recently. At $1,300 per ounce, the 2 million permitted ounces are worth $2.6 billion.

Garrett said the price of gold would have to drop to $750 an ounce for it to be uneconomical to mine the gold at the Haile site.

Romarco plans to use local contractors for construction of the mine’s infrastructure. Garrett said contractors would need about 1,000 workers.

Applications for permanent and construction jobs are being taken at the SC Works office at 705 N. White St. in Lancaster. Applications can be filed online or at the office, Garrett said.

Screenings of applications will be done by Romarco, and the company hopes to begin making offers to employees by the end of February, Garrett said.

Weather permitting, the company hopes to break ground at the Haile site in March. The first construction project will be a water treatment plant, Garrett said, followed by moving lots of dirt.

The mine will be the largest open-pit operation in the state, comparable to mines in the western United States. The mine would cover 2,500 of the site’s 4,000 acres, and pits could be as deep as 840 feet.

Construction is expected to take 18 months, with the first gold bar being poured by mid-2016, Garrett said.

“This has been seven years in the making; we’re very excited,” Garrett said.

Initially, Romarco had hoped to start pouring gold in 2013.

Getting the necessary permits took longer than the company anticipated. There are environmental concerns as gold mining at the Lancaster County site is expected to produce tons of hazardous liquid and solid waste of various kinds. Federal and state environmental laws are designed to make sure the waste does not contaminate surrounding lands, waters, fish and other wildlife.

Romarco will put up $10 million in cash to pay for any environmental damage and necessary cleanup. All told, Romarco is posting a bond of $65 million for cleanup work.

Don Worthington • 803-329-4066



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Read more here: http://www.heraldonline.com/2015/01/23/6730992_hiring-begins-for-haile-gold-mine.html?rh=1#storylink=cpy

[Big Chew]

Loving this uptrend!

[1~Eye~Jack!!]

RTRAF = Gold Jump'n! & OIL falling!
http://www.kitco.com/market/

[77racing]

boom as i posted couple months ago lookslike 35 supporft..this is a real dog

[1center]

Romarco Minerals lifts Haile project NPV by 72%

http://www.miningweekly.com/article/romarco-minerals-lifts-haile-project-npv-by-72-2014-12-12

[1~Eye~Jack!!]

~ RTRAF = Oil Going Down,, but Gold~Holding~$teady!! ;-)
http://www.kitco.com/market/

Gold should go Up from here thru $pring!!

[1~Eye~Jack!!]

~ RTRAF = .493 +0.0646 (+15.08%)EOD !!

[terrycarter]

http://www.newswire.ca/en/story/1459575/romarco-reports-sc-agency-declines-request-for-review

[terrycarter]

http://www.newswire.ca/en/story/1459575/romarco-reports-sc-agency-declines-request-for-review

[1~Eye~Jack!!]

~ RTRAF = WOW, Gold up $47.00++ Today!!

http://www.kitco.com/market/

[Big Chew]

With the money that has already been spent, an extra $30 million in bond is nothing...and yes sir, I like that valuation in bold at the bottom! I was thinking more in the $1.60-1.70 range, but this one is a long hold anyway...not trading this one!

[1center]

$RTRAF Yesterday Euro Pacific..Romarco Minerals Inc. Review of Haile Operating Permit Requested Event: Romarco reports that the Sierra Club has requested that the South Carolina Department of Health and Environmental Control (SCDHEC) review the recently issued proposed Mine Operating Permit for the Company's 100%-owned Haile Gold project. The permit is the final major permit required for operations at Haile. ? Romarco notes that the Sierra Club’s request cited the reclamation plan and reclamation bonding. The Company says it does not believe the request has technical merit, and that the concerns raised have been fully reviewed and adequately addressed throughout the entire four-year permitting process. ? All About the Bond: Haile’s operating permit, which was issued on November 7, 2014 included provisions for the securing of a US$30M bond for reclamation and restoration after mining. Another $30M is required over the life of the mine for a total security of US$60M — 50% higher than Romarco’s consultants estimated, and the largest ever for a mine in the State. The Sierra Club reportedly doesn’t seek to stop mine development, but in its six-page request estimates US$100-500M for reclamation. Romarco notes that previous reclamation talks between it and the SCDHEC started with regulators estimating US$80M, and the Company, US$42M; the two subsequently agreed to US$60M. ? The Way Forward: Looking ahead, the stages and potential timelines for a SCDHEC Board review are as follows: ? The SCDHEC Board has 60 days to decline the request or hold a review; ? If no review is granted, or 60 days pass without a decision, the SCDHEC staff decision becomes the Final Agency Decision; ? If a review is granted, it must be held within 60 days of the request and the subsequent decision becomes the Final Agency Decision; ? Such decision can then be appealed (by either party) to the SC Mining Council within 30 days; ? A Mining Council hearing must then be held within 40 days, with a decision due within a subsequent 30 days; ? That decision could then be appealed (within 30 days) to an Administrative Law Court, where it would be subject to general litigation timelines. ? Already Passed Muster: It is important here to note that the Sierra Club reportedly last voiced concerns over the project in October of 2011, and Romarco reports that it has had no communication with the group until the recent request was filed. We also note that all major government agencies (incl. the US EPA) have signed off on Haile’s Environmental Impact Statement, which included details of the mitigation, and that all major permits have been issued. ? Timelines: Romarco currently has US$18M in cash, and has already had positive talks aimed at further extending a ~US$30M Caterpillar (CAT:NYSE, NR) equipment payment beyond March 2015. The Company says its cash position could carry it into Q315. As it stands, 85% of detailed engineering is complete, but work on the project has ceased pending outcome of the review request process. ? Valuation: With timing of the potential review process yet unknown, we refrain from altering timelines in our model, and reiterate our Speculative Buy rating and price target of $1.25/shr.

https://cdn.anonfiles.com/1416511579547.pdf

[Mactheriverrat]

There still more upside here IMHO

[Big Chew]

Looking better and better, and the 21st is just around the corner!

[1~Eye~Jack!!]

~ RTRAF = Exactly! & 11/21/14 is a..Huge~Day..for..U$!!..

[Big Chew]

Yes sir, I'll happily take a forward creep....not worried at all here with gold climbing!
A penny a day will keep the retirement worries away ;)

[1~Eye~Jack!!]

~ RTRAF = .61 +0.0311 (+5.37%)EOD!!

Yep, $low & $teady win$ da Race!

Big Chew

2 years for me! I did well on the .33 to .89 run, but have grabbed more in the .50 range. This one should do well for a long time to come, now that the future uncertainty is gone and gold is on the rise. Best of luck to you!

[1center]

$RTRAF @.58c I think the next thing to watch for
is the Nov. 21 effective date of the mine permit

[1~Eye~Jack!!]

~ RTRAF = Gr88 Uptrend going on!

I Agree! Gold is Rising!
http://www.kitco.com/market/

Big Chew

This has been a long process, but the wait is over!! The timing couldn't be better, with gold expected to rise in coming months...

http://www.kitco.com/market/

[1center]

Liking this volume $RTRAF #Gold