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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

$13 Billion in Ancient Roman Gold to be Tapped From Earth


Fri 12 Apr 2019 | 09:23 AM
Yassmine Elsayed

Ancient Roman Gold is about to be tapped from inside the earth thanks to modern technology. Media reports revealed that Europe’s 2nd biggest gold mine could be about to make early investors rich.The story dates back to over 2,000 years ago when the Romans dug up $16.8 billion in gold, minting coins in Romania that were scattered across an empire 11 million square miles in size using hammers and buckets.

And now, a little company with big ambitions is coming back to the same site to unearth the rest.

According to a recent report by Oil Price, the company, using modern technology, hope to exploit an estimated $13.3 billion find.

Smart investors are following this once in a lifetime discovery closely, GMP research said this little company could realize $550 per ounce profit...And their mine is so promising, Barrick Gold have invested $20 million to develop it.

Based at their mine in Rovina, Romania, Euro Sun has 400 million tons of ore, with billions of dollars worth of gold and copper locked inside.

Cantor Fitz thinks they are undervalued by 218% and GMP Research predicts a 355% gain. In addition, any small move on the gold market could accelerate the company’s rise… from 5x to 10x to even 30x its current market cap.

Modern research indicates that Europe still has billions in gold locked away, with hundreds of mines sitting around just waiting for re-activation.

Now Rovina, owned by Euro Sun, has been classified as a “highly scalable” asset, with an immense growth potential, according to Cantor Fitzgerald.

The mining license from the Romanian government was approved in November 2018 – the first license to have been given out since 2003.

A resource statement from 2012 offers a view of the potential riches: 400 million tons of ore in three bodies, roughly 7.1 million ounces of gold and a billion and a half pounds of copper, or 10.1 million ounces of gold equivalent.