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

Comment by Nosleepon Feb 14, 2019 8:36pm

124 Views

Post# 29367917

RE:RE:RE:Venezuela Seeks Pause Of $1.2B Award Appeal At DC Circ.

i have to agree with this statement, it's obvious that the payment is a serious issue, otherwise they'd just ignore this, and simply tell us to "get stuffed". If VZ is gonna start from scratch with a new leader, they aren't going to be able to just ignore all their problems. Don't be shocked though to see a new deal with the new gov't that avoids the huge payout. I'd be happy with a couple hundred million and the mine back with a joint venture with VZ, get it back up and running.

Nosleep

Bullboard Posts

Gold vs. bitcoin, where should you invest?