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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 RIDER1975on Jan 16, 2024 7:48am

RE:What's the possibility that

Rockafellow, do you mean nothing will remain to creditors farer from the.front line, those who have more than 11 bn claim preceeding theirs? If so, you are rihjt . I would be exremely happy with a ...more  
152
Discussion
Comment by slappyjoon Jan 16, 2024 6:54am

RE:RE:What's the possibility that

Aston, I believe you are correct.  If COF were to buy Citgo, the money would be distributed to the Creditors currently established by the court. I always thought it would be interesting if COF ...more  
148
Discussion
Comment by astonbayon Jan 15, 2024 10:31pm

RE:What's the possibility that

Nothing would change. $11 billion would be distributed among the creditors according to the order posted earlier. The money goes to the creditors, they can't skip it. 
161
Discussion
Post by Rockafellow2on Jan 15, 2024 10:27pm

What's the possibility that

Conoco Phillips could bid 11b for all of citgo leaving nothing for the creditors thus covering themselves jmo
196
Discussion
Post by Hopeful123on Jan 13, 2024 3:31pm

Share price.

Looks very attractive here esp with last financing at 63 cts...I believe we could see 1.50 to 2 bucks if all goes well with the auction..Most of the cheap options and warrants are most likely ...more  
305
Comment by CAinPlapon Jan 11, 2024 10:49am

RE:RE:RE:RE:Share outstanding

Funny you should mention that. I will buy your shares at .75.
93
Discussion
Post by RIDER1975on Jan 11, 2024 10:08am

Article Gold Field

https://www.mining-technology.com/news/gold-fields-to-offload-stake/
144
Post by astonbayon Jan 10, 2024 5:48pm

Venezuela Opp. Open to Creditor Talks Before Citgo Auction

(Bloomberg) -- Venezuela’s opposition-led board for PDVSA said it’s open to talk with US-based refiner Citgo creditors ahead of an auction to settle claims against the government and its oil company.& ...more  
295
Comment by astonbayon Jan 10, 2024 5:43pm

RE:RE:RE:Share outstanding

Hi Rider, I understand your concern but the CEO and directors own over 100 million shares together. If they want to get paid, they will have to distribute the award. I don't see Rusoro investing ...more  
242
Discussion
Comment by astonbayon Jan 10, 2024 5:36pm

RE:RE:RE:RE:Share outstanding

Hi Hopeful, please look at the calculation SixBottles made https://ceo.ca/rml?4c63e58fc232 Rusoro will have around 650 million shares once you include options and warrants. Definitely not 1 billion. I ...more  
205
Discussion
Comment by RIDER1975on Jan 10, 2024 4:58pm

RE:RE:Share outstanding

If I were them, i mean the owner-management in full control, I wouldnt distribute the award. Some expressed their anger at me, and said I am bashing the share (whatever it means) only for asking ...more  
126
Discussion
Comment by Hopeful123on Jan 10, 2024 4:43pm

RE:RE:RE:Share outstanding

Do we know how many share outstanding and what the distribution might look like...maybe 1 dollar  ,so better to  sell at 75 cts.
57
Discussion
Comment by CAinPlapon Jan 10, 2024 3:35pm

RE:RE:Share outstanding

A distribution would be in the form of a dividend which is taxed at higher rates than capital gains. Better off to sell shares and realize a capital gain than wait for a dividend.
59
Discussion
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