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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 Goldendreamon Mar 14, 2012 4:18pm
144 Views
Post# 19670313

RE: Volume move up on significant buying

RE: Volume move up on significant buying

                             This is one of those days in the Stock Market that can make an investor both pleased and at the same time, " Wonder".  It again is my humble opinion that the verosity of the buying today of RML Stock leads me to believe " Someone knows Something of a Positive Nature" concerning this RML company. I have been looking all over the internet to try and find any news on the negociations that were taking place between  RML and the Venuzuelan Government and have been unable to find anything myself.  However, I suspect some people could be described as " In the know" be it legal or otherwise. Which would not surprise me. The authorities try to regulate the market but I fear they are limited as to what they can ultimately control.  It's the old story of " Buyer beware" and  " Investor beware".  Now, let us hope this rally continues on. Good-Luck!

 

Bullboard Posts