I follow Rusoro, has'nt the Russian boss done well buying out Hecla for $20M, mind you I do not own any shares yet though I believe Peter Hambro has a large stake. Production is expected at 100,000oz gold this year and they must have an eye to the future with 300,000m of drilling information. Rusoro kept 100% of it's properties, only the Hecla property was split 50/50. My advice, limited investment.
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I follow Rusoro, has'nt the Russian boss done well buying out Hecla for $20M, mind you I do not own any shares yet though I believe Peter Hambro has a large stake.
Aug 13 10:46 am
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All Comments by Clavis »Venezuela Gold Miners: 'Misappraised' [View article]
Production is expected at 100,000oz gold this year and they must have an eye to the future with 300,000m of drilling information.
Rusoro kept 100% of it's properties, only the Hecla property was split 50/50.
My advice, limited investment.