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.

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Rusoro Mining Ltd

Bullboard Posts

Post by Bennyboyon Jan 14, 2019 2:30pm

251 Views

Post# 29229216

Spoke to Gordon Keep

Hi Everyone,
Just got off the phone with Gordon Keep and he shared that they are working hard to find a country that will take the money and then send it into Canada. The countries they have contacted so far are scared of the US sanctions so this is not an easy task. The money in December made it all the way to Vancouver and then was turned away by RMLs Canadian bank again fearful of Trump.
They are working hard to resolve this and when they do find a country that will make this work they will let everyone know right away.

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