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Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

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

Bullboard Posts
Comment by Qwertymchertyon Jan 17, 2019 3:11pm
93 Views
Post# 29247487

RE:Connections

RE:ConnectionsIf things are brewing on the state level vis-a-vis Russia, it's much more likely that there would be no news. If there was nothing going on, a public company would be wailing to the Canadian govt and news agencies explaining how it's rightfully Canadian money due to expropriation. Remember Rusoro's not selling anything to Venezuela, it's simply taking payment for something already taken long before the sanctions. However if you're talking about possible cooperation or funding with world governments it's best not to make waves.
Bullboard Posts