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Gold Reserve Inc V.GRZ

Alternate Symbol(s):  GDRZF

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

Comment by helpful1on Jan 10, 2024 12:52pm
110 Views
Post# 35819671

RE:RE:Tax Implications on the Award Collection ?

RE:RE:Tax Implications on the Award Collection ?GEE that is a really nice return. I figure when it is all said & done GRZ is worth much higher than your $7.70 & a little birdie told me so. Note there was a 99% chance the court turns down Venezuela down it just took 6 months to happen. So,I counted us getting a favorable decision from the courts so all the creditors with a conditional Writ attached is smiling today.Next thing I am focusing on is the Amount the Auctions brings in from Citgo Sale. There is plenty of money available so we get 100 cents on the dollar if so minimum $13/share.  May be your very best investment return in 2024. I am willing to wait for it all to play out. We added another important director with experience in International Law to see this works out in Gold Reserves FAVOUR.
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