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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 Combo9on Sep 21, 2012 12:19pm
135 Views
Post# 20396291

RE: RE: RE: Rusoro has upside !!

RE: RE: RE: Rusoro has upside !!

Anyone have answers?  What catalysts could possibly enhance the company's valuation within a reasonable timeframe (other than chavez being out-voted)?  The directors already doubled their money after recent purchases, and I don't want to fall for the old  "directors buying shares en masse to create speculation/rumours then selling them to mug punters" trick.

Bullboard Posts