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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 MAZZMEXon Dec 18, 2018 1:53pm
94 Views
Post# 29130302

RE:A PORTION OF THE FUNDS...

RE:A PORTION OF THE FUNDS...How much they sent is irrelevent.. The reason they only sent a portion was in case the payment could get seized on its way... It was a test, they got the money returned but with the current circomstances i think it was smart not to attempt sending the whole amount...
LuckyMeLuckyYou wrote: So from $100M that was supposed to be received in Nov of this year, today we are told that a PORTION of the $100M was sent to a Canadian bank and are being held back?
So how much is this portion, is management embarrased to reveal it????

LMLY


Bullboard Posts