This is a copy and paste from another chat site. It says this:
Royal Resources (ROY) is micro cap company, current market cap of $25 million.
Has iron projects in the mid-west that contain 50-60 million tonnes of DSO and has strong ties with Gindalbie Metals (GBG) with a current market cap of $450 million and flying. The company leases surround and intertwine this major player and ROY should be up and producing from these iron ore properties in 2008.
Recently the company has acquired some very prospective Uranium tenements in the USA. Details of these properties which are located in Utah will be released soon. Utah has long been regarded as one of the best areas for huge reserves of uranium mineralisation and is thought to contain. very significant deposits.
The company has acquired these properties through the same people that managed to get Western Maetals uranium properties (WMT) whose share price has ten-folded in the past ten months and has a current market cap of $160 million.
Citigroup have taken a 5% holding in the company and word is the Americans have been accumulating this, as they know the American connections have the influence to secure some terrific uranium properties.
Once the company makes their announcement about these great USA uranium properties, this will provide positive exposure for the company and investors will begin to take notice of this micro-cap. The iron ore properties are extremely good and I believe this is a great opportunity.
Would anybody agree?