The Rusoro web site financials show as of 3/31/08

cash of $10+mm & gold inventory of $14+ and that was before buying HL for $25mm. Without Hambro they are broke. They were looking to get GRZ(in effect for free) and possibly get VZ to issue LB permit, stock rises, issue new round of stock and finance mine construction thru rise in stock. Very slick, however at that point they would be extremely diluted and the stock would probably be worth less than the $.80 today. Which brings up another ?, if RML is the VZ mining co of choice why isn't anyone buying it? Answer - like everything Ruskie - it's all a shell game. They've got nothing and what they bot from HL was a very tired operation and now they have the responsibility to clean up the environment problems and the cost that goes with it. Unless there is a very well heeled entity in RML's pocket they are as Murray said in Ghostbusters - Toast!