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Gold Reserve Inc V.GRZ

Alternate Symbol(s):  GDRZF

Gold Reserve Inc. is engaged in the business of evaluating, acquiring, exploring and developing mining projects. The Company's exploration prospects include Siembra Minera and LMS Gold Project. Siembra Minera holds certain gold, copper, silver and other strategic mineral rights within Bolivar State granted to Siembra Minera, within approximately 18,950 hectares in an area located in the Km 88 gold mining district of southeast Bolivar State which includes the historical Brisas and Cristinas areas. The mineral rights held by Siembra Minera have a 20-year term with two 10-year extensions. Siembra Minera is beneficially owned 55% by Corporacion Venezolana de Mineria, S.A., a Venezuelan government corporation, and 45% by the Company. LMS Gold Project is situated 20 kilometers (km) north of Delta Junction, and 150 km southeast of Fairbanks, Alaska, in the Goodpaster Mining District.


TSXV:GRZ - Post by User

Comment by agtavyon Feb 24, 2022 8:01am
209 Views
Post# 34457011

RE:RE:RE:50 Million ozs of gold and millions of tons of copper.

RE:RE:RE:50 Million ozs of gold and millions of tons of copper.They HAVE to pay?  Actually they don't. Don't believe me?  Have they paid in full yet? No.

The lawsuit was settled in 2015. Seven years has passed and they haven't paid. We have no leverage. Venezuela has no assets. 

Venezuela's last attempt at paying was years ago. The company has done nothing.

Another ten years could pass and we might still get nothing.

Nothing changes until Maduro is gone and sanctions are lifted.
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