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Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

Rusoro Mining Ltd. is a Canada-based company. The Company is engaged in the acquisition, exploration, development, and operation of gold mineral properties.


TSXV:RML - Post by User

Bullboard Posts
Post by PCR1917on Oct 17, 2018 6:36am
148 Views
Post# 28816329

Favorable Bloomberg article

Favorable Bloomberg articleVenezuela Is $7 Billion Overdue, But Likely to Pay This Bond. Interesting article on bloomberg: https://www.bloomberg.com/news/articles/2018-10-16/venezuela-is-7-billion-late-on-debt-but-likely-to-pay-this-bond "A small Canadian mining company was awarded the right to collect on an arbitration ruling by taking shares of the owner of Citgo Petroleum Corp. JPMorgan Chase & Co. expects Petroleos de Venezuela SA, known as PDVSA, to make the bond payment because of the governments strong desire to hold onto Citgo. We would expect PDVSA to make every effort to pay, analysts Javier Zorrilla, Ben Ramsey and Trang Nguyen wrote in a note dated Oct. 10. PDVSA has demonstrated via its legal efforts a strong preference to maintain ownership of Citgo."
Bullboard Posts