Rainy Mountain Royalty Corp V.RMO

Alternate Symbol(s): RMNXF

Metals & Mining Industrial Metals & Minerals

Rainy Mountain Royalty Corp. is a Canada-based mineral exploration project generator. The Company is engaged in the acquisition and exploration of mineral resource properties. The Company’s focus is to acquire early-stage exploration opportunities and deliver them drill target ready to joint venture partners. The Company holds multiple property interests in Ontario and is primarily focused on shear hosted gold and base metals properties with associated gold and silver credits. The Company’s projects are Marshall Lake property, and Brunswick Property. Its other properties consist of the Clay/Powell and Norton Lake Properties. The Marshall Lake property is in the Thunder Bay Mining Division, Ontario. Its Brunswick Property consist of 13-claim units located in Brunswick Twp., Ontario. It owns a 100% interest in claims located in the Thunder Bay Mining Division, Ontario. The Company holds a 30.21% interest in the Norton Lake Property.

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Rainy Mountain Royalty Corp

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Comment by sammenardon Mar 09, 2010 10:20am

495 Views

Post# 16860219

RE: MARSHALL LAKE PROPERTY

My 2 cents on this: its good to see more money coming in for Marshall - it's been stagnant way too long.
                                   If White tiger fulfills all of its commitments, then RMO will be left with only 12.5% of the pie.
                                   History has shown that there is no shareholder value in these JV's, (at least with EWR)
                                   RMO needs a new flagship project where we are 100% in control.

Sam

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