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Bullboard - Stock Discussion Forum Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

Metals & Mining Gold
Rusoro Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of gold mining and mineral properties. The Company is a gold producer and explorer, with a land position in the prolific Bolivar State mining region in southern Venezuela. It has gold reserves of approximately 5,584,000 ounces and inferred resources of over 6,805,000 ounces.... see more

Bullboard (TSXV:RML)

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Comment by Hopeful123on Jan 22, 2024 3:19pm

RE:RE:Going to be a complicated auction to

Looks like Rml  is the one to buy here..top side 1.50 to 2 bucks.. Grz 5 to 7 bucks.
79
Discussion
Comment by slappyjoon Jan 22, 2024 10:09am

RE:Going to be a complicated auction to

Citgo hasn't posted its fourth quarter results yet so that $1.9 billion is only for Q1, 2 and 3. Theoretically, if someone were to buy the whole thing, they'd get their money back in about 5 ...more  
175
Discussion
Post by Rockafellow2on Jan 22, 2024 9:52am

Going to be a complicated auction to

Sort out bids ... Might not hear anything till tomorrow... Interest high but real bidders maybe low to start ... Who gets what, bits and pieces, who knows??? A 2 billion profit last year is big turkey ...more  
225
Discussion
Comment by GoldenOrbon Jan 22, 2024 9:29am

RE:Interest jumps in US auction of shares in parent of Venezuel

Thanks slappy again!  Well done Let's hope the increased interest translates into high proceeds from the auction.
53
Discussion
Post by slappyjoon Jan 22, 2024 6:29am

US court accepts $20.8 billion in claims against Venezuela

Article https://www.reuters.com/markets/commodities/us-court-accepts-208-billion-claims-against-venezuela-citgo-auction-2024-01-19/
141
Comment by GoldenOrbon Jan 21, 2024 9:35am

RE:Special Master update January 19

Excellent contribution Slappy, much appreciated!
60
Discussion
Comment by thasison Jan 20, 2024 2:43pm

RE:Special Master update January 19

Thanks for updating the board Slappyjoe. Very much appreciated
64
Discussion
Comment by Hopefull57on Jan 20, 2024 12:39am

RE:Special Master update January 19

That you for the info 
92
Discussion
Post by slappyjoon Jan 19, 2024 7:36pm

Special Master update January 19

See below for the two documents submitted by the Special Master.  It's interesting that he makes it very clear that his updated list of Creditors is shown by date, as was mandated by the ...more  
347
Discussion
Post by Rockafellow2on Jan 19, 2024 6:01pm

20.8 billion US$ claimed in vitgo auction

Late on Friday after close. Should be interesting week coming. I think we might see $1.50 easy Big volume, big players.
119
Comment by slappyjoon Jan 18, 2024 10:31am

RE:RE:Final List of Creditors by Jan 22

I'm not convinced there will be a long line of suitors.  I think it will be difficult for a US company to buy based on FTC limitations. The fact that Marathon already said it's not ...more  
180
Discussion
Comment by GoldenOrbon Jan 18, 2024 9:20am

RE:Final List of Creditors by Jan 22

Glad RML got in line early.  Although I sense Citgo auction will surprise in the bidding.  A profitable spread sheet will attract bidders.  Conoco may bid, but will have a large group ...more  
146
Discussion
Post by astonbayon Jan 17, 2024 4:17pm

Final List of Creditors by Jan 22

WASHINGTON/HOUSTON, Jan 16 (Reuters) - The U.S. Treasury Department on Tuesday extended Venezuela-owned Citgo Petroleum's temporary protection from creditors through mid-April as a court-ordered ...more  
255
Discussion
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