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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 COREDIGGERon Sep 06, 2011 8:20am
280 Views
Post# 19013518

RE: RE: RE: RE: RE: RE: Who stole my gold?

RE: RE: RE: RE: RE: RE: Who stole my gold?

That is the funniest thing I've ever heard .. you back up your information with Company financials, reports etc.

I have proven in the past that you "select" information convinient to your arguements.  You pointed out the company's liabilities without even mentioning their existing assets, accounts receivable, gold on hand ...etc.

Of course Rusoro has problems with their workers ... just like any company would in a unionized environment.

Cost's aren't high because of the problems with the workers ... again ... take the time to ask the company what is going on.  Costs are high due to lower production - which is the result of a tight cash situation.

No one is lying re: interviews and Financials.  As i've tried to get through your thick skull on many occasions ... why would the company put out a news release and put information in the financials if the deal hasn't been finalized?  A news release will be here in due time.

I'm sorry you lost so much money on your investment in Crystallex ... but Rusoro is a completely different company, different story and the results will be different.

Bullboard Posts