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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 15, 2012 12:55pm
124 Views
Post# 19674931

RE: RE: RE: Saber Rattling

RE: RE: RE: Saber Rattling

                                 I hear you ( brianjoyce2 ) and you could be very well right in the end.  However, I suppose I am thinking that Hugo is going to look around at the history associated with his like minded political friends. One of those very close friends is CASTRO.  In Cuba today the Hard line snub your nose at Capitolism is starting to let up noticably. Their is some free enterprize be it on a small scale and I do believe they have just announced in Cuba that some Private land holdings will be permited. Even in China the hard nose of Communisim has mellowed since they regained Hong Kong.  I think the days of these hard line dictators has been limited now to a few very 3rd world countries. There seems to be movement away from this type of individual in general. I would point to what is being reffered to as the " Arab Spring" where attempts to bring democracy to these middle east country's is in it's infancy.  Yes, Hugo could  as they say buck the trend but I tend to think not.  There is really no way of knowing for sure which way and how far he may go in any political matter. As I said before, all a person can do is try to look at the facts available and glean from them the TREND if there is one.  Once again, 6 months of Negotiations have to mean something and I am betting the TREND will continue. Good-Luck to all.

Bullboard Posts