In an interview entitled “Mining Stocks Not Reflecting Record Gold Prices,” Mike Niehuser of Beacon Rock Research talks about several gold mining companies, including Revolution Resources (OTCQX: RVRCF; TSX: RV). Below is an excerpt from the interview.
“We also recently visited Revolution Resources Corp.’s (TSX:RV; OTCQX:RVRCF) project in the Champion Hills Trend in the Carolina Slate Belt near Greensboro, North Carolina. Revolution is exploring in an area of the U.S. that is known for the first gold rush, first silver mine and the primary producer of lead for munitions in the Civil War. The project follows the success of Romarco Minerals Inc.’s (TSX:R) 4.2 Moz. Haile gold project in South Carolina. Revolution’s land position of 7,500 acres is second only to Romarco with 9,700 acres. Revolution’s land position is also on private land with similar host rock. The area is economically depressed and is surprisingly welcome to mine development. While relatively early, it appears that Revolution is well positioned to repeat Romarco’s experience, now about a $1B market cap, and may become an integral part of Romarco’s growth strategy.”