ROSV could be setting up to surge as GOLD prices go higher!!
Investing in gold doesn't mean you have to buy gold coins. Gold exploration companies like ROSV could pay off huge in the future if gold climbs higher than it already has.
Gold saw significant gains in the past few weeks and many analysts predict that there's a lot more room to run.
No one thought gold would hit $1,000 an ounce but it's now well over that!
During the first few months of 2010, ROSV has been focused on completing its Annual Report on Form 10-K, and more recently, has been working on its Form 10-Q for the period ending March 31, 2010, which should be filed on or before May 15, 2010.
ROSV Ceo and President Luis Carrillo stated, "Now that we have our Annual Report filed, we are committed to the evaluation and continued development of our projects."
ROSV's McVicar Lode Mining Claim is comprised of one located claim with an area of 20 acres located in the Goodsprings (Yellow Pine) Mining District.
The Yellow Pine Mining District, although less famous than many of the other mining districts of the Great Basin, nevertheless ranks second only to Tonopah in total Nevada lead and zinc production!
During World War I this district was one of the most productive mineral producers in the west; but by the end of World War II only a few mines remained in operation.
The region is also known for its historic production of lead, zinc, silver, and gold!
ROSV could be big as both gold and silver are a huge part of society. This isn't just for jewelry!
Gold has been one of the hottest precious metals for awhile!
It has been said that each year, 660 tons of gold are used in telecommunications, medical treatments, information technology, and other industrial applications.
Gold across the globe is amazing in numbers. Two huge countries like India and China are showing how important gold is.
India is the largest consumer of gold in the world and approximate consumption of gold there is around 700 tons per year!!
In 2007 China surpassed the USA to become the second biggest retail gold market in the world after India!
Then there's silver which is used in mobile phones, computers, and even plasma televisions!
Almost every computer, cell phone, and appliance contains silver. Silver is used in trace amounts in many different electronic devices.
"A recovery in these sectors could boost industrial demand for silver significantly," said HSBC analyst James Steel.
ROSV President and Ceo Luis Carrillo stated, "The Company is hopeful that it will acquire the rights to develop other properties in the near future, and is working to finalize a plan to develop its current properties and those that we may soon acquire."
The precious metals sector is showing extraordinary potential lately so keep your eyes on ROSV.
For more information on ROSV, visit their website at: www.rostockcorp.com
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