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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 > Exciting Times Ahead
View:
Post by maestro77 on Jul 27, 2023 4:43am

Exciting Times Ahead

@m8magic GRZ if paid in full would be 9 bucks US a share..that would put us paid in full likely around 2.50 US a share..?..3.20 ish CAN..30 cents on the dollar is still 96 cents per share...i bet the numbers at the negotiating table before auction is starting at a strong stand at 60 cents canadian on the dollar for the 1.4 billion...a buck ninety two per share..in the end i think a buck forty a share would be the bottom we might hopefully see....ahh wouldn't that be nice..
Comment by maestro77 on Jul 27, 2023 4:52am
I agree with m8magic's calculations. RML will likely receive at least $2/share after all expenses. Citgo will want to negotiate quickly! 
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