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Romarco Minerals Inc T.R

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals

Romarco Minerals Inc., is an exploration and development stage mining company. It is engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.
Price: $0.51 | Change: $-0.01 | %Change: -1.92%
Volume: 3.2m | Day High/Low: 0.53/0.505 | 52 Week High/Low: 0.94/0.30
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0 stars

RE:RE:RE:Market valuation is now well under $500m in USA dollars

The current offer is for zero dollars for gold in the ground.  Zero.  They are just paying 80% of the raw cost of development and purchased equipment etc.   The gold in the ground comes for free...read more
0 stars

Northern Miner article

http://www.northernminer.com/news/oceanagold-to-buy-romarco-for-856m/1003696957/?ref=rss&ctid=1003696957 I agree the majors need low cost producers, so willing to wait a while to see if one comes...read more
4.5 stars

RE:Buyout

Buyout; Your observation that Romarco is now in play is right on.  There are three noteworthy points about Romarco at this time 1  Buyout cost to mining.  Very often when a miner buys a developer...read more
0 stars

Buyout

Oceana on radar also.Imo,most of the deep pockets are looking to add low cost mines.New offers are most likely as it would be much cheaper to buy R alone.Kinross knows the potential and Barrick could...read more
4 stars

RE:RE:Market valuation is now well under $500m in USA dollars

Yes.  Gold in the ground is worth an awful lot less than it was in 2011.   What has changed is that the grade is now much more important.   If grade is 0.7 grams per ton then the value of gold in the...read more
0 stars

RE:Market valuation is now well under $500m in USA dollars

the real problem is that the value of the gold in the ground is going just for a few bucks vs. $300 per oz circa 2011 timeframe.  rate and reply
0 stars

Market valuation is now well under $500m in USA dollars

Romarco shareholders have  invested ~ $650m in USA dollars over 6 or 7 years So from a raw cost point of view shareholders are getting a raw deal.  Sunk cost is not the primary driver of what...read more
5 stars

RE:1 main point missing from Dianne...

That has certainly crossed my mind as well. We may be getting into another takeover target. I wrote IR concerning when exploratory drilling at Haile was to resume, about six weeks ago I guess. At the...read more
0 stars

1 main point missing from Dianne...

I would have liked to see those 60k of drilling added onto the ore pile....  I thought a new 43-101 was on it's way to be released mid year...  that's what they said earlier in the year....   I would...read more
5 stars

RE:RE:Very disappointed in Diane Garrett

That much is true. It has held up well versus R and other junior miners, and I never have thought Romarco should mine it themselves. The gold price risk is the big issue in my mind. If it falls below ...read more
0 stars

RE:RE:Very disappointed in Diane Garrett

Yes, like they say "There is a silver lining in every cloud". OGC will probably get the project on the road much faster than Romarco now that the leg work is already done. I've waited this long so no...read more
0 stars

RE:Very disappointed in Diane Garrett

initially I felt the same way as you but ogc is a solid company with proven mines & mining ability. we get close to half of the new company so there's plenty of room for upside. Diane is not the...read more
5 stars

I have mixed feelings at best

We should be able to do better than this. I cannot confirm romarco's assertion that Oceanagold/Romarco will be THE lowest cost global gold producer, and consider that statement highly suspect. Show me...read more
5 stars

RE:Very disappointed in Diane Garrett

No surprise, I indicaed a whie back that Diane was probably sitting on her butt instead of promoting the company knowing that if the sp dropped low enough someone would come in and swoop it up. More...read more
3 stars

Very disappointed in Diane Garrett

Today's news that Romarco is being sold for a fraction of previous share price levels stinks. It proves that Diane Garrett's reputation is not deserved. She is in this field purely for the "excitement...read more
1 star

The next BIG TAKEOVER could be SBB

And based on the takeover, this price for 4 million ounces including measured and indicated, was 165 dollars per ounce, Well, than with SBB' s 7 million ounces including measured and indicated, that...read more
0 stars

can someone answer this question

i see that romarco will produce gold, but also silver as well as by-product....romarco says AISC is US$624/OZ but does that include the cost of mining the silver as well? i usually see AISC figure...read more
5 stars

RE:RE:RE:Romarco Shares Ask at 46 cents on TD Webroker

Well, here is something that might be interesting.  In US$, Romarco up about 10 cents today, so far.  Oceana down about 40 cents (well, 38 cents).  Works out that the market is valuing the combined...read more
0 stars

Next up... VIT for Eagle... MC $39 M - Cash $10M

Last permit needed may be issued next week.... Sun Valley Gold and Kinross own 30% of VIT. Eagle's initial grade half of Haile but strip ratio 1/5 of Haile. Kinross' Fort Knox establishes operation...read more
5 stars

RE:RE:Romarco Shares Ask at 46 cents on TD Webroker

Right, but Oceana shares down by 18% at open, presumably due to concern about dilution.  The companies are about the same size. Assuming the deal goes through, the number of Oceana shares wiil almost...read more