Rusoro Mining Ltd V.RML

Price

[Hopeful123]

Can Rusoro and Grz trade at 4 bucks each.

[Rockafellow2]

Possible RML may surpass GRZ because of its 9.5million tax payable due that will lower its cash of 37 million, thus lowering GRZ sp to $3.81US. Jmo

[Hopeful123]

Looks like a big seller of GRZ of 5 mln that is 5 percent of the float and the Company has no feedback.  Well guess a major holder institutions or insider...any feedback appreciated. 

[Rockafellow2]

Hopeful-- I think GRZ is dropping because they r amongst 4 other creditors after 12th on the list which the special master has not yet approved in the auction although the court has recognized them. Perhaps an institution may jump ship and buy into RML which has less risk. Jmo

[Hopeful123]

GRZ apparently has the master agreement too.

[slappyjo]

I think GRZ is dropping because they r amongst 4 other creditors after 12th on the list which the special master has not yet approved in the auction   This is the first time hearing this. I don't think this is true at all.  Please reference your source. Aside from that, the Special Master's job is to market and sell Citgo. The Court's job is validate the creditors'

[Hopeful123]

This apparently is not true...GRZ and RML are equal in the claim with RML ahead by 1 in placing.

[slappyjo]

There are TWO creditors between RML and GRZ.with claims around $500 million if I remember correctly.

[Hopeful123]

This situation is so complicated...If Citgo is worth 10 to 12 bln that should cover Rusoro and GRZ total claims.