Thursday, March 18, 2010

Invest in Venezuela Gold via Rusoro Mining

The 3 keys to a successful mining company are : "location, location, location"  ...

  1. political stability
  2. security
  3. infrastructure
  4. transport
  5. power
  6. refining
  7. capital
  8. personnel
  9. mineral resources
Venezuela has all of the above except for #1 on the list. Well, "when in Rome" ... I mean, when in Venezuela, do as President Hugo Chavez does. Chavez has given the thumbs up sign to Rusoro Mining, a Russian partner. Here's a couple of key slides from their Nov 2009 corporate presentation:

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