Lawrence Roulston
Romios Gold Resources Inc.
RG-X
BUY
Mar 07, 2007
Has had a pretty significant run in the last few weeks. Has a long ways to go yet over time. Has property in the area of Novagold’s (NG-T) Galore Creek. The work starting in this area will bring a lot of attention to this region.
Coming out with some great results and is looking very positive. When Teck Cominco (TCK.B-T) and NovaGold (NG-T) halted development of the Galore Creek project, pretty much everything in British Columbia took a big hit. This one was right beside the Galore Creek development. Both companies are working to revitalize the project and ultimately it will go ahead but may take some time. Road development had been done past the Newmont Lake project so Romios will benefit from this.
A good story. Good management. Have a major gold discovery and process near the Galore Creek project where NovaGold (NG-T) halted their development. This knocked them back and they are very undervalued at this point. The road they built goes past Romios property, which helps them.
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