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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....
The Company has two mines in production and ten exploration projects (including development and exploration around the mines) which range from early stage to advanced/development stage gold projects in Venezuela. The Company owns and operates the Choco Mill Facility and has a 95% ownership in the Choco 10 Mine. It holds a 50% ownership interest in the Isidora mine (the Isidora Mine). Its subsidiaries include Proyectos Mineros del Sur, PROMINSUR, C.A., Promotora Minera de Guayana, P.M.G., S.A., Corporacion Aurifera de El Callo, C.A., Corporacion Minera Choco 9 C.A., and Corporacion 80.000 C.A.
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Bullboard (TSXV:RML)
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(40)
•••
roberto146
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Comment by
roberto146
on Feb 22, 2024 9:11am
RE:RE:RE:RE:5 bucks.
Somehow some random address got attached to previous post! Strange ... disregard.
(40)
•••
roberto146
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Comment by
roberto146
on Feb 22, 2024 9:09am
RE:RE:RE:5 bucks.
Hopeful123 "Hard to find reserves like this" What reserves are you referring to? Suite 200 Burlington , Ontario, Canada L7N 3J3 3310 South Service Road Suite 200 Burlington
...more
(9)
•••
Amadeus
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Comment by
Amadeus
on Feb 22, 2024 7:26am
RE:Bond collapse after 3PM caused dip ...
Thanks Rock.I'm not a lawyer but the report says that the NY court ruled that validity must be determined by local law in the place of issuance. Is that Caracas ? If so, they're probably not
...more
(43)
•••
Rockafellow2
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Post by
Rockafellow2
on Feb 21, 2024 10:04pm
Bond collapse after 3PM caused dip ...
I don't think it's related, only 9k shares sold during 1/2 hour to close. Ven is trying to capture Guyana's oil patch which Exnpn wants to drill in for LNG . Russian oil tanker arrives
...more
(0)
•••
smokey0110
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Post by
smokey0110
on Feb 21, 2024 8:03pm
Citgo Holdings court ruling
Is this going to impact the bankruptcy ruling? https://oilprice.com/Latest-Energy-News/World-News/US-Court-Ruling-Sends-Venezuelas-Oil-Backed-Bonds-into-Collapse.html
(71)
•••
Hopeful123
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Comment by
Hopeful123
on Feb 21, 2024 4:19pm
RE:RE:RE:RE:RE:RE:RE:Price
This situation is so complicated...If Citgo is worth 10 to 12 bln that should cover Rusoro and GRZ total claims.
(30)
•••
slappyjo
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Comment by
slappyjo
on Feb 21, 2024 4:07pm
RE:RE:RE:RE:RE:RE:Price
There are TWO creditors between RML and GRZ.with claims around $500 million if I remember correctly.
(71)
•••
Hopeful123
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Comment by
Hopeful123
on Feb 21, 2024 3:04pm
RE:RE:RE:RE:RE:Price
This apparently is not true...GRZ and RML are equal in the claim with RML ahead by 1 in placing.
(30)
•••
slappyjo
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Comment by
slappyjo
on Feb 21, 2024 11:31am
RE:RE:RE:RE:Price
I think GRZ is dropping because they r amongst 4 other creditors after 12th on the list which the special master has not yet approved in the auction This is the first time hearing this. I
...more
(71)
•••
Hopeful123
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Comment by
Hopeful123
on Feb 21, 2024 9:36am
RE:RE:RE:RE:Price
GRZ apparently has the master agreement too.
(43)
•••
Rockafellow2
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Comment by
Rockafellow2
on Feb 20, 2024 1:12pm
RE:RE:RE:Price
Hopeful-- I think GRZ is dropping because they r amongst 4 other creditors after 12th on the list which the special master has not yet approved in the auction although the court has recognized them
...more
(71)
•••
Hopeful123
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Comment by
Hopeful123
on Feb 20, 2024 10:49am
RE:RE:Price
Looks like a big seller of GRZ of 5 mln that is 5 percent of the float and the Company has no feedback. Well guess a major holder institutions or insider...any feedback appreciated.
(43)
•••
Rockafellow2
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Comment by
Rockafellow2
on Feb 18, 2024 9:58pm
RE:Price
Possible RML may surpass GRZ because of its 9.5million tax payable due that will lower its cash of 37 million, thus lowering GRZ sp to $3.81US. Jmo
(71)
•••
Hopeful123
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Post by
Hopeful123
on Feb 18, 2024 1:42pm
Price
Can Rusoro and Grz trade at 4 bucks each.
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