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Gold Reserve Ltd V.GRZ

Alternate Symbol(s):  GDRZF

Metals & Mining Gold
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

Gold Reserve Ltd > siembra Minera
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Comment by slappyjoon Jan 13, 2024 11:21am
121 Views
Post# 35825090

RE:RE:RE:RE:RE:RE:RE:RE:siembra Minera

RE:RE:RE:RE:RE:RE:RE:RE:siembra MineraGRZ is not a mining company. They have 5 employees in a tiny office. There are no operations or income. No equipment other than a few PCs, a printer and a coffee maker. Their whole existense for as long as I've been a share holder has been the expropriation case.

The only reason to stay in business is to persue more litigation. Luckily the share holders will receive a payout for the bulk of the award rather than wait for a mine to be built or to start some other endeavor.

GRZ still holds the mining data.  VZ was to pay $240 million for it but that wasn't to happen until the ICSID case was paid off.  Looks like VZ is going to end up paying the ICSID case but not get the data.
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