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Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

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.


TSXV:RML - Post by User

Bullboard Posts
Comment by thinker1951on Apr 21, 2009 12:15am
317 Views
Post# 15932291

RE: KRY on a tear this morning...

RE: KRY on a tear this morning...Its hard to figure. Perhaps some speculators thing that there is something to the rumor that rml and kry are talking about a future together. I dont think rml can do another hostile takeover they still have their tail stuck between their legs after grz debacle. But kry is facing a scary future perhaps its time to humble themselves and make some decisions that will insure some sort of future and hope for a return to their shareholders. Oh yea you didnt mention the class action suit by disgruntled sharholders.
Bullboard Posts