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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 auagmaniacon Feb 07, 2011 12:41pm
261 Views
Post# 18087409

RE: Breaking News!!!

RE: Breaking News!!!Hmmm, have you given any thought to the QUAGMIRE you might be in (Rusoro). Given the fact that GRZ and KRY have and or will be filing suits, Int'l Arbitridge, etc... This could get tied up for years. JUST REMEMBER, Hugo did it to Belanger (GRZ) and to KRY, and could just as well do it to old Andrea. When you make deals with the devil....well.,,,,
Bullboard Posts