Rusoro Mining Ltd V.RML

@ the Bell: Market rally takes a breather

[Jon Brown]

Canada’s resources-heavy main stock index fell Monday, dragged by oil and metal prices. Financial, telecom, and industrials sectors gained. read article.

[Jon Brown]

Canada’s main stock index took off on Friday, with industrials leading the charge, followed by metals. Chinese data boosted the mining market. read article.

[slappyjo]

I always did.

[astonbay]

Good post, thanks. Slappy, you believe in the auction now? 

[slappyjo]

Gold Reserve is #13 https://stockhouse.com/companies/bullboard/v.grz/gold-reserve-inc?postid=35738484

[slappyjo]

Gold Reserve is #13 https://stockhouse.com/companies/bullboard/v.grz/gold-reserve-inc?postid=35738484

[astonbay]

It's very positive that we only have $3.5 billion ahead of us. Glad to see that's been confirmed 

[astonbay]

Yes, if Red Tree is counted as three seperate spots then Rusoro would be 10th in line and Gold Reserve would be outside the top 10. 

[astonbay]

I'm not sure about the exact position of Gold Reserve. All I know is that they're in the top 10 and behind Rusoro. Both companies are highly likely to get paid from the Citgo auction but I

[RIDER1975]

I hold a similar position in Gold Resetvr Inc. GRZ. Could you help me with that company',s position in the line?  Do you have any meangful argument which should be preferred?   Thx

[slappyjo]

Astonbay, my previous post is from November 15, 2023 - three months after the news release you posted.  

[astonbay]

Aug 17, 2023 News Release  Although the Delaware Court has not issued a final determination on the relative priority of the various judgements, based on the guidelines set forth by

[slappyjo]

Doubtful.  This is all done by date of attachment.  Maybe whatever you saw showed the three Red Tree cases rolled into one which would then put RML at #7. Shouldn't matter. If the Citgo

[CAinPlap]

I thought I had seen previously that we were 7th in line. Seems the Red Tree group has jumped us in the order of payment.

[slappyjo]

RML is #10 in line ============================================== Crystallex Corporation (Step 7) $990,144,701.47 Tidewater Caribe S.A., Tidewater Investment SRL. $72,151,974.17

[GoldenOrb]

Good Morning Astonbay.  What inline status of rank does Rusoro maintain?  Is it 5th inline for payment, OR? Thanks

[Jon Brown]

In the past week, the energy sector has been leading downward pressure on Canada’s main stock index as crude oil prices continued to fall. read article.

[astonbay]

(Bloomberg) -- The US parent of Citgo Petroleum Corp. can post a $10,000 bond to reissue a missing official stock certificate needed as part of an auction of the refiner, a judge said in a ruling that