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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 BackInActionon Oct 11, 2018 5:35pm
121 Views
Post# 28784393

RE:RE:crystallex won 1.4 billion suit

RE:RE:crystallex won 1.4 billion suit
exactly Michael. 60 million market cap currently 1.2 billion awarded That's 20 times the company is worth today. Let's use yesterdays closing number of 12 cents and times that by 20 this is a $2.40 stock. People will regret selling at 20 cents today. This was one of the biggest news stories of the day and even when the markets went down today this almost doubled. Wish it would have came out before open tomorrow but I'm sure they had to work with IIroc on that one. I'm expecting a thunderous day tomorrow. Look at stock like ICO who on news of possibly getting 32 million it quadrupled. We are talking 1.2 Billion here and the settlement was just reached this week so there arent worries about receiving the funds from Venezuela. This is the real deal boys. I'm holding for as long as I can!
Bullboard Posts