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Bullboard - Stock Discussion Forum 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.... see more

TSXV:RML - Post Discussion

Rusoro Mining Ltd > RML SP UP 50%
View:
Post by HarfanddesNeiges on May 15, 2023 2:08pm

RML SP UP 50%

GLTA
Comment by CAinPlap on May 16, 2023 3:53pm
Just noticed the April 11 NR that VZ lost several court challenges that pending one final appeal from VZ, should allow RML to forclose on PDVSA shares. Perhaps our patience will finally be rewarded.
Comment by CAinPlap on May 18, 2023 12:19pm
I can almost see my cost base coming! 
Comment by Saskisnow on May 18, 2023 12:39pm
It's flown past mine, what to do what to do?
Comment by CAinPlap on May 18, 2023 3:33pm
I didn't have the "stones" to avg down unfortunately. Was invested B4 asset seizure and bought more after award was first announced not taking into consideration the long wait to get award. Quick and dirty back of the napkin calculations: award - approx 1.8 billion including interest, assume lose 1/3 to lawyers leaving 1.2 billion, divide by outstanding shares of 564K(this may not be ...more