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Gold Reserve Ltd V.GRZ

Alternate Symbol(s):  GDRZF

Gold Reserve Ltd., formerly Gold Reserve Inc., is an exploration stage company. The Company is engaged in the business of acquiring, exploring and developing mining projects. The Company owns certain wholly owned mining claims known as the LMS Gold Project (the LMS Property), together with certain personal property. The LMS Property is situated approximately 20 kilometers (km) north of Delta Junction, and 150 km southeast of Fairbanks, Alaska in the Goodpaster Mining District. The LMS Property, located in Alaska, remains at an early stage of exploration with limited annual on-site activities being conducted by the Company.


TSXV:GRZ - Post by User

Comment by investorbiggieon Jan 10, 2023 12:37pm
131 Views
Post# 35213680

RE:RE:Why is the stock slowly rising?

RE:RE:Why is the stock slowly rising?I guess I should have known that Camac is not buying shares on the open market.

And you're right that volumes are paltry. That said, one could probably sell 20K shares over the next few weeks at more than 1.60 per share, which one could not have done between March and August 2022. To a small-time investor, this is a meaningful increase in the stock's value. Obviously, if you want to sell 200K shares, the situation is different.

I'll watch Camac and the news. Any idea of how long it will take before we know the answer to the petition?
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