Rusoro Mining Ltd V.RML

Alternate Symbol(s): RMLFF

Metals & Mining Gold

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

Rusoro Mining Ltd

Bullboard Posts

Comment by Drillheadedon Jan 11, 2019 11:10pm

160 Views

Post# 29222170

RE:RE:RE:RE:RE:RE:Our Money - Prepare a class action

Rml's case just shows how f..... up the whole thing is. They finally get awarded a compensation through an international recognized arbitration court just to be blocked by a scared Canadian bank over sanctions imposed by the US. Apart from the now unlikely JV it's not like Venezuela will benefit in any form or shape from paying up the award to RML. Yet RML cannot get their award they are entitle to. Makes no sense. Hurray for the system...

Bullboard Posts

Debt-free cannabis company set for next stage of growth