Carpathian Gold lost their mine in Brazil just as it started up and they were on the ropes nearly BK. Now they have received $10 million in a private placement. I would speculate that their Rovina Valley project in Romania must have some hopes to be permitted or this money would not be forthcoming. If this project does get permitted then their 5 cent share price will explode.
Not investment advice … just thinking out loud.
http://finance.yahoo.com/news/sulliden-announces-investment-5-million-132600560.html