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Bullboard - Stock Discussion Forum
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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TSXV:RML - Post Discussion
Rusoro Mining Ltd
> Exciting Times Ahead
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maestro77
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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..
(12)
•••
maestro77
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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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