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For those of you who can't get to the link, here is what Raulston said today in response to a viewer question: Q: What is holding the sp back on Rusoro Mining other than Venezuela, considering it had 48,000 oz of gold last quarter at low cost of production & tremendous short-term growth? Raulston: Well absolutely. They've got a lot of internal growth potential. They're moving forward on their feasibility studies. They've got lot's of ounces in the ground. You know that last quarter they had $332, I believe it was, cash production cost. Tremendous performance for a gold producer. You know you mentioned Venezuela. Absolutely. That's a major concern. There's alot of investors that just don't want to be involved in Venezuela. So it's a trade-off between a great gold project, a strong management group, upside growth potential, ounces in the ground and the political uncertainty of Venezuela. Now if anyone can handle the Venezuela political situation its the Rusoro management team. I think there's alot of upside potential in the stock price. And ultimately I think it's going to get merged in or taken over by somebody and the value is going to be alot higher than where it is today. Host: and is that a stock you own or a stock you have owned? Raulston: I do own some now. Yes. http://www.stockhouse.com/bullboards/MessageDetail.aspx?p=0&… |
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| aus der Diskussion: | RUSORO MINING |
| Autor (Datum des Eintrages): | XIO (18.09.09 23:43:34) |
| Beitrag: | 112 von 250 (ID:38014314) |
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