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.

TSXV:RML - Post by User

Rusoro Mining Ltd

Bullboard Posts

Post by Goldendreamon Mar 23, 2012 11:29am

278 Views

Post# 19709839

Investors remain Optomistic

A look at " Level 2 " bidding at this time shows investors are very much still anticipating a positive turn of events in all that is going on. Although RML has not recieved an "Official Decree" at the moment extending the negotiations, it is evident that talks ARE STILL GOING ON. A state of ( Limbo ) is presently taking place. No news, so far, is in this case good news. This is an occassion where PATIENCE really is a virtue. Good-Luck to all.

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles