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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.


TSXV:RML - Post by User

Rusoro Mining Ltd
Bullboard Posts
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(3)
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Comment by brianjoyce2on Jun 04, 2009 1:52pm
217 Views
Post# 16044009

RE: RE: RE: RE: RE: Rusoro Mining Receives Exchang

RE: RE: RE: RE: RE: Rusoro Mining Receives ExchangMy guess is that it's not as good for shareholders as it is for management and officers. They get a payout on a buyout even if the buyout does not include a premium for shareholders....JMHO, since you asked.
bj2
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities