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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 Amadeuson Nov 13, 2018 6:36am
198 Views
Post# 28963544

Share price

Share priceThe sp is drifting because RML is now akin to a futures or options transaction; it's value degenerates with time. If no payment is made nor positive information received by the end of November, it could quite easily fall to 10c or so, as holders lose their nerve. This is the risk you take. A full or very significant payment next week could take us back to 40c or more. I will certainly buy further on falls to the 10c area as I believe that both VZ and RML want and need this to succeed and eventually the huge VZ resources, with support from the Chinese and Russians will generate enough to make it happen.  GLA 
Bullboard Posts