RE:New lookChavezthesecond wrote: I have just looked at Rusoro for the first time. The biggest thing that worries me is where is Venezula going to get 1.2 billion usd? Any reward is also subject to a 15% commission to the law firm and the executives, as per their last quarterly report. They also owe 100 million to creditors and will be subject to a 20 million dollar fine from the Venezuelan government. The 100 million payment would be great but if you take off 15% and then 20 million for the fine, its only 65 million. And the company still would owe 100 million to the creditors... Right now their book value is -18 cents/ share.
So is this all the DD you did? What a bout the rest?