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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 Oct 25, 2011 8:39am
161 Views
Post# 19178333

RE: RE: RE: A little Tidbit

RE: RE: RE: A little Tidbit>>>>>not to mention that before year end they may be out of the business in Venezuela and just out of business in general.

Given your track record, that's unlikely.  As I recall, you were saying Rusoro would be out of Business by August 1st (Based on a statement by head of security).  How did that pan out?  They are still operating ... aren't they?

>>>>>They haver  been tslking about increasing production at CVG for years and have never achieved their goals, just like RML.

Of course they haven't.  The government has made mining unprofitable for a reason ...  doesn't take rocket science to figure out why.

I had no intention of posting the article, the good part or the bad.  But when you come on here and pick and choose information to further your bashing ... I think it should be pointed out that you are taking information out of context to paint an inaccurate picture.

Bullboard Posts