Agapov must be preparing the frontal attack by going after CITGO, too.

Although the Paris Court did not agree with the ICSID award amount, it did confirm that Venezuela had expropriated its gold mine and that it was entitled to compensation. The confirmation was the most important thing for Rusoro, since any collection on the award will take place in the U.S. and the U.S. courts have confirmed ICSID award based on both its legality and the amount. 

There are rumors going around that Guido would be willing to give Rusoro its mines back, if push comes to shove. The argument is that the gold mines became a cesspool of curruption after they were expropriated and given to the military to manage, and the best way to do away with it and to ensure a fair share of the production ends up in the country's purse is to restore private management.   

Since Venezuela is involved, like St. Thomas, no one should believe it until they see it.

April 01, 2019

                Vancouver, Canada -- Rusoro Mining Ltd. (the "Company" or "Rusoro") is pleased to announce that it has executed an addendum to its funding agreement whereby the Company can continue to use the remaining funding available for its pursuit to reinstate the Award's findings on damages in full or otherwise obtain fair compensation for the unlawful expropriation of its investments in Venezuela, in light of the Paris Court of Appeals partial annulment of the Award as disclosed in the Company's press release on January 30, 2019.

The Company closed a funding agreement for US$7M announced in January 2018, of which approximately US$5M remains unspent, which is intended for use to enforce the arbitration award as a result of Venezuela's unlawful expropriation.  This addendum confirms the Company will continue to receive the remainder of this funding for their legal costs and general operations, as they intend to vigorously pursue all available remedies.