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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
Bullboard Posts
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Comment by Drillheadedon Oct 09, 2018 5:25pm
145 Views
Post# 28769210

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Halted

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:HaltedCan't really see why they should have asked for a trading halt unless some significant news.
Can only come up with 3 good reasons...
1) We're done, finished, broke (unlikely IMO)
2) They have paid up the full award or a large portion of it (unlikely IMO)
3) After positive court rulings in US and Canada we have got hold on some assets whether they being Maduro's frozen assets or assets belonging to the companies/individuals mentioned in the news release from May 8. (Most likely IMO).

We'll see but with the buying this morning it must be somewhat positive... I hope...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities