Replies to post #46 on Rusoro Mining Ltd (RMLFF)

[deet49]

SMART $2USD+ or we become CITGO
not bad
like $24B revenue
over $2B profits
All that for a steal.....

Cant beat that

https://finance.yahoo.com/news/rusoro-announces-filing-non-binding-130000246.html

[deet49]

RMLFF has another US$400 million of debt. That includes on balance sheet debt of US$265 million and litigation and success related fees of ~US$135 million. They would have to pay another US$50 million in taxes.

https://www.thebigscore.com/p/4x-your-money-by-july-15

[deet49]

Looks like there may be in fact enough good cheer to get from RMLFF to GDRZF into a brand new Citgo Cert


Best guess right

[deet49]

If I was the ELLIOT Group I'd be buying everything not nailed down knowing exactly how much my leading bid is worth

https://www.reuters.com/markets/commodities/elliott-weighs-citgo-bid-creditor-group-eyes-conoco-own-offer-2024-04-18/

[deet49]

This guy is a genius https://www.undervalued-shares.com/weekly-dispatches/9-opportunities-in-litigation-finance-defaulted-debt-and-expropriation-claims/
Not if but when ...

If you dont know who Swen Lorenz is you maybe should

I've repeatedly written about ancient financial claims against the Cuban government, most notably in a report that is probably the single most extensive piece of research that anyone has ever published about the subject. Nowadays, claims against Cuba are notoriously difficult to get hold of. It used to be possible to buy old Cuban bonds on the New York Stock Exchange, or invest into US-traded stocks like Cuban Electric to participate in restitution claims of companies that lost their assets to the country's expropriation policies