Rostock Ventures Corp. (OTC:ROSV) hasn’t had anything impressive to show for the 5 years it has been around. It is an exploration stage company focused on mineral properties.
Yesterday ROSV closed 11.11% up at $0.04 with 644 thousand shares traded. The company issued a PR saying the work program on its White Gold Prospect in the Yukon is scheduled to commence.
The announcement was made shortly before the market closed, so some of its effect may transfer to today’s session.
Additionally, ROSV is being promoted in a paid newsletter. The promoter was compensated $30 thousand for its services.
While the PR and promotion may help ROSV get some attention today, the long-term perspectives are not yet clear. Traders should also keep in mind the previous wave of paid promotions triggered something of a selling frenzy which got ROSV to the current trading level.[BANNER]
We have mentioned this before, but it is an important fact to keep in mind. The President of ROSV is Gregory Rotelli, who also happens to be involved with another mineral resources company – Razor Resources, Inc. (OTC:RZOR)
Taking a look at RZOR may be a bit disturbing. Similarly the company announced starting operations, but after that it went silent and hasn’t issued updates.
Of course there is a chance ROSV will not follow that line of development, but investors should do their due diligence carefully.
