Rusoro Mining Ltd V.RML

What's happening here??

[Notgnu]

Have seen any life here in a long while.

https://www.youtube.com/watch?v=f5M_Ttstbgs

Cheers,
Notgnu

[CAinPlap]

Hmm I hope having Frank & Pierre here bodes well for RML. They are bashing away on another stock I own TLT that is up 57% today. lol Next thing ya know they will be pumping garbage like AMS. ;)

[LionWhisperer]

This post has been removed in accordance with Community Policy

[GreatGazoo2]

This post has been removed in accordance with Community Policy

[CAinPlap]

Maduro won't leave voluntarily especially with the US under a socialist regime. I would like to know what RML and/or their legal team have been doing to try and collect. Why haven't we made a motion to seize CITGO assets? What is the next "event" in the overall proceedings?

[roberto146]

That information is readily available on RML's website, in the MD&As. It's a bit complicated. https://www.rusoro.com/i/pdf/Q2mda.pdf

[CAinPlap]

Do we know when the French Supreme Court will hear our appeal? Are we essentially de3ad in the water until we obtain a new judgement? If/when we do get a judgement, is next step to go after CITGO?

[roberto146]

Crystallex got there first, (and probably others) with awarded claim supported by the US Supreme Court, but can't receive settlement with sanctions in place for some technical reason. There are also claims on assets by lenders that probably have priority - 50.1% Citgo shares was used as collateral for Vz/PVDSA bond debt, but Guaido doesn't want to honor the collateral because he says it

[CAinPlap]

Well we know they have gold in the ground. Let RML mine it and have royalties be applied to the settlement.