Re: Government and Russian Group create socialist auriferous company

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Re: Government and Russian Group create socialist auriferous company

posted on Jul 12, 2008 06:14AM

"...The mixed company was constituted and within three months, the Rusoro statutes will be discussed bought 100% of the assets of the Hecla company and it transfers 50% to him to the Government, so that the capital is 50-50."

I couldn't tell from the translation. Does anyone know if Venezuela paid their due share (50%) of the $25,000,000 that Rusoro paid to Hecla for the mine?

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