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Re: coinmaker post# 24600

Saturday, 04/02/2011 3:58:17 PM

Saturday, April 02, 2011 3:58:17 PM

Post# of 35711
Romarco R.TO - I almost bought shares of this one as well, but decided to buy RV.TO instead (Revolution Resources). Revolution is trying to do the same in NC as Romarco did in SC in buying up old mines and using new techniques to find commercial gold.

I would've thought Romarco was a much safer play that Revolution (and maybe still is), but didn't realize that there were large environmental hurdles to jump. I'm only interested in Revolution since they;re in my home state (and just an hour or so from where I grew up), so it's a sentimental play for me.

I hate to hear that about Romarco since they'd proven feasibility and shored up some impressive grades. Maybe they'll still find a way through, but it's going to be tough to get the mine to production now.

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