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Romarco Minerals Up 7%, Still Getting Lift from More Positive Assays at Haile Mine

Romarco Minerals (R.TO) is getting another boost from its late-session announcement yesterday that recent assay results from recent drilling at its Haile gold mine project in South Carolina is still demonstrating the sustained growth and continuity of the mineralized system.

Romarco shares had been down as much as 15 cents Wednesday at $1.05 each but recouped about half of that loss by the close. Other than a small sell-off earlier this morning, the stock has continued to push ahead today, although the run appears to run into resistance at $1.20 a share, stalling at the point several times today.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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