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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 DoctorAuricon Nov 02, 2018 10:53am
169 Views
Post# 28914099

your JV is probably dead.

your JV is probably dead.If Rusoro proceeds with the information transfer, any US corporation or entity that is involved with or has direct or indirect ownership in Rusoro will have those assets frozen.

Rusoro cannot proceed with the joint agreement. The US law firm will never be paid. Any US entities person or corporations will never be paid.

The only recourse is to go after VZ in the judicial system and recover the money owed. But there is a long line of creditors and who gets what is an open question.

Rusoro's JV is dead in the water.
Bullboard Posts