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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 AuntiePennyon Oct 19, 2018 11:03pm
182 Views
Post# 28839668

RE:RE:loking at the nr

RE:RE:loking at the nr
gimmycash wrote:
gimmycash wrote: looks like the government might be getting into mining.i dont see rml getting 1.4billion,what i see is a government funded mine for a small percentage royalty 10-20%. and maybe 100-200mil up front for good faith.


anybody remember this post.you dumb fcks keep putting me on ignore,i have more brains in one pinky than half you fools put together.


You made a great call.

I was going to suggest that it would be an extended installments deal but didn't post it because everybody was so excited and were unwilling to admit that there was any possible alternative to a lump payment of 1.28B they would have dismissed me as a basher. During halts posters can get pretty crazy.
Bullboard Posts