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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
Post by Aurelianon Oct 15, 2018 2:15am
98 Views
Post# 28799588

cash + assets

cash + assets
venezuela will quickly come to an agreement with rusoro 
 
but the current price won't be so cheap for much longer 
 



venezuela has only one chance 
 
they need to create a strong mining sector on the basis like Ecuador 
 
all major commodity companies invest in Ecuador 
 
ecuador won the awards in 2017 

Mining: Ecuador gets Best Country of the Year award
https://business.inquirer.net/237958/ecuador-mining-award-business-environment
Bullboard Posts