The more we hear about and read about articles like this the more exposure and awareness people will have which is GREAT – I cannot help but think that investors are just waiting to pounce as the flood gates will surely open soon. Enjoy the long weekend all. Topaz
Romios Gold Among Rush to Develop BC's Golden Triangle The Bottom LineApril 6, 2012 at 12:11:33 EST
Known as the "Golden Triangle," for its exceptional mineral endowment, the Iskut River area in British Columbia’s northwest is destined to be the province’s next major mining district. Home to larger cap groups such as NovaGold and Teck, the region is set to receive an infrastructure-boosting injection of $400M from the BC and Federal governments to bring power to the area. Among the players in the region, junior Romios Gold Resources Inc. (TSX-V: RG;, Nasdaq OTC: RMIOF; Frankfurt: D4R) holds an exceptional 67,825 hectare land holding, within which they have multiple properties, multiple zones to explore, and are neighbours to the Galore Creek Mining Corp (GCMC, a joint venture between NovaGold and Teck) property.
With a proposed mill and mine location nearby coming from the NovaGold/Teck joint venture on lands directly adjacent, Romios is in what should become a very active region. Studies done by British Columbia’s Ministry of Forests, Mines and Lands, called the region the Final Frontier of the Golden Triangle, and for good reason.
The Bottom Line
Other companies in the region of note are:
·Pretivm Resources (TSX:PVG)(PXZWF.PK), trades at close to $18 per share and is just south of Romios
·Copper Fox Metals (TSX-V:CUU)(CPFXF.PK), trades around $1.30 and is completing its feasibility study by the end of the month
·Seabridge Gold (TSX:SEA)(AMEX:SA), trades at close to $21 and has a huge resource in the area
Romios has quite a bit of room to move around within the Golden Triangle, with 67,825 hectares and plenty of drilling on deck for 2012. The biggest question is why is Romios trading under $0.20? Perhaps the best answer to this is that they haven’t really been discovered yet, despite being around for over 15 years. They’re potentially looking at multi-million ounces of gold and silver and multi-billion pounds of copper, so perhaps it’s time they came out of hiding to stand in the spotlight.
http://www.vantagewire.ca/articles/romios-gold-among-rush-develop-bcs-golden-triangle-49369