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

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Comment by Goldendreamon Mar 08, 2012 3:33pm

151 Views

Post# 19645509

RE: new presentation

I am counting on you to be right on the money with your evaluation of this matter and I have put my money down and taken a position in RML. The extended negotiations period ends March 14, 2012 I would think that they are dotting the i's and crossing the t's at this point. RML's SP is bouncing along at the very bottom now but not for long. The cloud of uncertainty is about to be lifted I think any day now. I also think Hugo is not stupid and will come to reasonable terms with RML it would be the sensible thing to do.

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