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Saturday, August 11, 2012 2:30:08 PM
Royal Energy Resources's oil and gas leases comprise 3,400 acres of property in Wyoming. The company holds the lease for uranium rights on 1,000 acres in Laramie County, Wyoming. According to the Wyoming Tribune-Eagle dated August 9, 2007 and October 15, 2007 Powertech Uranium Corp. based in Vancouver, British Columbia, Canada has proposed a $20,000,000 uranium mine in Weld County, CO. At prices of 2007 the uranium there would be worth over $1 billion dollars. They are just waiting for a permit approval. Royal has 1,600 acres in Laramie County, Wyoming. It is in the uranium trend approximately 25-30 miles from where Powertech is.
The company also holds the lease for 2,100 acres of rare earth and precious metals in Crook County, Wyoming. Some of the rare earth metals in Crook county are quite close. They are approximately 5-6 miles from the Bear Lodge Mountain. The US geological survey has studied the area of the Bear Lodge Mountain extensively (USGS Prof. paper #1049-D) and has estimated that it contains one of the largest deposit of disseminated rare earth elements in North America. The company's CEO completed the initial stages of forming a Romanian subsidiary to be used to acquire and develop possible gold, silver, and copper mining concessions in Romania. The subsidiary S.C. Golden Carpathan resources S.R.L. will be located in Bucharest, Romania when the formation process is completed.
"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink
Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.
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