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Bullboard - Stock Discussion Forum 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... see more

TSXV:GRZ - Post Discussion

Gold Reserve Inc > A lot of debt left
View:
Post by ugluuak on Jun 17, 2024 7:43am

A lot of debt left

The auction proceeds will likely leave over 10+ billion of court award debt to be paid by Venezuela so their interest lie in getting the most from this Auction if they have to loose the asset.
The auction will proceed as it has been laid out by the court overseeing the sale of CITGO.
Not like all those company shareholders that had their assets confiscated had much choice either.

Vaporise Venezuela
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