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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum
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.
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Bullboard (TSXV:RML)
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(412)
•••
CAinPlap
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Comment by
CAinPlap
on Oct 19, 2023 11:35am
RE:Beware of auction
A previous post claimed RML was 7th in order of priority behind approximately 3.5 billion in other claims so if true, lots of meat on the bone for us hopefully.
(38)
•••
Rockafellow2
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Post by
Rockafellow2
on Oct 19, 2023 10:40am
Beware of auction
Crystal is first in line $?B then Conoco $8B which leaves little for rest of creditors. Value of citgo refineries etc between $10B and & $13B at most. Courts usually go for the
...more
Star Diamond Corporation Announces Third Quarter 2024 Results
posted Nov 14, 2024 9:00am by
Star Diamond Corp
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Adjusting for $1.0 million in non-cash charges during the current period, the increase in net loss, period over period, was due primarily to increased exploration ...read more
(197)
•••
astonbay
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Comment by
astonbay
on Oct 19, 2023 7:22am
RE:Exntesion of Citgo's protection does not affect the auction
The latest sanctions relief on Venezuela is positive. Rusoro can now get paid through a settlement or through the auction. Obviously it's better to get paid in full through the auction but it'
...more
(197)
•••
astonbay
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Post by
astonbay
on Oct 19, 2023 7:19am
Exntesion of Citgo's protection does not affect the auction
U.S. extends refiner Citgo's protection from creditors through January HOUSTON/CARACAS, Oct 18 (Reuters) - The U.S. Treasury Department on Wednesday extended Venezuelan oil
...more
(12)
•••
GoldenOrb
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Comment by
GoldenOrb
on Oct 16, 2023 12:09pm
RE:RE:RE:RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
Thank you astonbay, much appreciated
(197)
•••
astonbay
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Comment by
astonbay
on Oct 13, 2023 5:21pm
RE:RE:RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
You can see the breakdown SixBottles did on ceo.ca https://ceo.ca/rml?4c63e58fc232
(3)
•••
rupertpupkin
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Comment by
rupertpupkin
on Oct 13, 2023 11:27am
RE:RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
I remember seeing a breakdown of the debt and legal fees by someone on ceo.com and it saying $1.58/share, but that was without the interest and pretty sure it was USD. Maybe you can ask someone on ceo
...more
(7)
•••
RIDER1975
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Comment by
RIDER1975
on Oct 13, 2023 10:57am
RE:RE:RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
No way....
(191)
•••
m8magic
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Comment by
m8magic
on Oct 13, 2023 9:06am
RE:RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
i will find the link this weekend...i am certain it was in their last financials on sedar..
(7)
•••
RIDER1975
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Comment by
RIDER1975
on Oct 13, 2023 4:11am
RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
They usually dont break down to usd /share, but the overall sum of the claim.
(197)
•••
astonbay
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Comment by
astonbay
on Oct 13, 2023 2:35am
RE:RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
Hi m8magic, can you post a link that confirms that figure? There are many articles that show the overall claim amount but I haven't seen one so detailed with the amount left after expenses. Thanks
(191)
•••
m8magic
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Comment by
m8magic
on Oct 12, 2023 11:05pm
RE:RE:RE:RE:Could RML get over 1 $ by Friday ?
rml states in their info 1.87 a share at the time period a few weeks ago...possible new legal fees etc make knock it down a nickle by completion date to 1.82
(33)
•••
slappyjo
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Post by
slappyjo
on Oct 12, 2023 5:21pm
Not So Fast
Venezuela expects US to renew license protecting Citgo from creditors -sources By Marianna Parraga HOUSTON, Oct 12 (Reuters) - Venezuela expects the United
...more
(412)
•••
CAinPlap
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Comment by
CAinPlap
on Oct 12, 2023 10:29am
RE:RE:RE:Could RML get over 1 $ by Friday ?
Yes my back of napkin calculation is 1.8 billion award(including interest) divided by ~600 million shares = $3/share. Factor in 1/3 for the leeches,er lawyers and we should be left around $2/share
...more
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