Gold Reserve Inc V.GRZ

Alternate Symbol(s): GDRZF

Metals & Mining Gold

Gold Reserve Inc. is an exploration stage company, which is engaged in the business of 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 comprising 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. The Company's subsidiaries include Gold Reserve Corporation, GR Mining (Barbados) Inc., GR Procurement (Barbados) Inc., and GR Mining Group (Barbados) Inc.

TSXV:GRZ - Post by User

Gold Reserve Inc > 50 Million ozs of gold and millions of tons of copper.

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Comment by agtavyon Feb 24, 2022 8:01am

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Post# 34457011

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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