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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
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Comment by misterz26on Aug 28, 2016 7:21pm
145 Views
Post# 25185262

RE:RE:RE:RE:They will pay

RE:RE:RE:RE:They will pay
TraderSethDavis wrote: Count on 2 years till oil and the economy improved at this moment the government don't have a penny in the bank is just a mess sorry to say good luck 


How do you calculate those 2 years ? What are they based on ?
Venezuela doesnt have a penny, this is why they now invest in mining, to diversify their economy and to not be dependant on fluctuation of oin prices.
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