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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 > Everyone Should Give This a Read
View:
Post by astonbay on Aug 15, 2023 10:36am

Everyone Should Give This a Read

https://storage.courtlistener.com/recap/gov.uscourts.ded.77043/gov.uscourts.ded.77043.69.0.pdf

As of August 14, 2023, the value of Rusoro’s Judgment is no less than $1,480,861,982.23.

That's $2 billion CAD!
Comment by DANNO59 on Aug 15, 2023 1:18pm
Looks very good. Do you have any knowledge as to where Rusoro stand in the priority pecking order for payment ? There has been mention of a main group including Crystallex, Conoco, Gold Reserve and others comprising a total claim of 5 billion approx. Are Rusoro part of that preferred group ?
Comment by astonbay on Aug 15, 2023 1:51pm
Yes, Rusoro's part of the main group that will get paid first. Behind Crystallex and Conoco but ahead of Gold Reserve from what I know