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  • New Trend for Emerging Gold Producers: Amalgamation [View article]
    If you want to make money in 5 years from now, without to much risk despite common consent, is buying Rusoro Mining. Its a steal and the fundamentals are great. Also preferred partner with the Venezuelan government.

    Rusoro is almost a penny stock that is set to boom like Yamana Gold currently does. The only thing which lacks is the proper pricing of the stock.

    Buy now, not a second later. Rusoro Mining Ltd.
    Dec 31 20:48 pm |Rating: +1 -2 |Link to Comment
  • Venezuela Looms Large in Gold Reserve's Slide [View article]
    I see two options for Gold Reserve;

    1. Lets 'purchase' an international lawsuit that takes many years without ever getting the 20-year lease licences back, as the property of the leases is definately owned by Venezuela. You just won't win it. Amazone environment issues, deforestation etc. Period.

    2. Looking at shareholder value and amortization of equipment they continue to look further for assets and opportunities, leaving Venezuela for what it is. Thereby selling their equipment to Rusoro Mining, who happens to be in need of expansion, 'ping' and is willing to buy it at market value.

    Depending on duration of the legal remedy, it could take none or years of conflicting interest and amortization of assets in the books. Eventually Rusoro Mining, connected with the Agapov family from Russia, will takeover the La Christanas deposit as its already Venezuela's 'preferred partner' in the mining industry sharing a 50/50 producing asset formerly owned by Hecla Mining Company...

    Think again, you should be invested in mother Russia if you wan't shareholder value in the long term. Too bad people aren't willing to invest into the 'other side', as they say.
    Venezuela is very open to foreign investments, as long as its doesn't conflict with the socialist expenditure programmes in times of the largest recession of all times...depression-lik... almost.

    brgds,
    Nov 29 19:46 pm |Rating: +1 0 |Link to Comment
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