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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 Goldendreamon Mar 28, 2012 2:57pm
191 Views
Post# 19729379

RE: RE: Venuzuela Settles Claim with Oil Company

RE: RE: Venuzuela Settles Claim with Oil Company

                         I once again hear you (shiftman), I think both my eyes and ears are a little burnt after reading your comments this time. If I were you I would sit back in a nice comfee chair and pour myself a nice large stiff drink.  You are not alone by a long shot in your point of view.  I simply choose to believe things are not as bad as all that,  until I see RML's SP drop to nothing or next to nothing and VZ simply confiscates RML's assets. At that time I will have other choice but to believe that  Venuzuela is nothing more than a South American version of North Korea. Until then, I will look on the brighter side, interpreting news in a positive light when posible. I still claim there is every reason to believe this matter will resolve in a favorable manner for all concerned. 

Bullboard Posts