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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 minesearcheron Aug 31, 2016 2:11pm
126 Views
Post# 25196317

RE:RE:RE:what is your prediction everyone??

RE:RE:RE:what is your prediction everyone??Venzuela's political and economical state is unstable. Plus Venezuela's opposition is expected to hold a big rally in Caracas on thursday demanding a referendum to be called on the resignation of President Nicolas Maduro. If there is no news released in a couple weeks, you will definitely see a further retreat on the stock price. I guess just keep your eye on it. 

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