More RusoroHere's something curious. From the Rusoro 10-K:
i. Gold Reserve Lawsuit
Pursuant to a settlement in 2012, the Company issued a conditional promissory note in the amount of
C$1,000,000. The promissory note will only become due and payable in the event that the Company is
successful in the litigation it has commenced against the Venezuelan government seeking compensation
for the Nationalization. The Company considers the litigation to be successful when appropriate financial
compensation has been received. The promissory note and any payment due under it shall be subordinate
and postponed in right of payment to (a) the rights of the Funder as defined in the Creditors and
Shareholders Agreement, and Litigation Funding Agreement, and (b) the rights of the Funder and
Freshfields Bruckhaus Deringer US LLP under a Priorities Agreement. No value has been accrued for the
promissory note as at December 31, 2020, as recovery of fair compensation is deemed indeterminable.
Looks like GRZ could pick up an extra $1 million. I wouldn't hold my breath but I'm sure management hasn't forgotten about it.