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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Rusoro Mining Ltd

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Comment by COREDIGGERon Sep 22, 2011 8:39am

165 Views

Post# 19070482

RE: RE: IMHO

I told everyone it was likely to comment on the recent events ... but no one listened.

Why would IROC question a 5,000,000 trading day? It's a drop in the bucket considering the current share price and that fact that it's less than 1% of the company's outstanding shares.

Wish the company made today's release on their own ... but pretty much in line with what the Venezuelan news sources have been saying. May turn out well for this company afterall.

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