U.S. Investors Can’t Buy Venezuelan Bonds, RML is Only Venezuelan Proxy Play!

There’s two ways Rusoro Mining (TSXV: RML) could collect their $2 billion from Venezuela. One way would be a sale of Citgo where the proceeds are used to pay Venezuela’s creditors with legally enforceable judgments recognized by U.S. courts. Another way would be that Venezuela negotiates a payment plan with all of its creditors to prevent Citgo from being sold. With today’s soaring oil prices, Citgo would potentially sell for over $10 billion at auction (possibly enough to satisfy all of Venezuela’s creditors).

What we like most about RML… it is the only legal way for investors to bet on an improving Venezuelan economy. RML is an undiscovered Venezuelan proxy play.

U.S. investors are currently prohibited from buying Venezuelan bonds.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.