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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

Post by ugluuakon Jan 29, 2024 5:13pm
156 Views
Post# 35851420

Cost of GRZ over 25 years

Cost of GRZ over 25 years$200.000 over 25 years at 4.5% return would be somewhere around $600,000

so at a payout of 8.00 it pales based on nadda for 25 years except for the small payment ROC of Venezuela's first payments re the AWARD.

Would be nice if like the CITGO disboursement GRZ had a payout based on shareholder longevity of time invested. First in gets a bigger share.
That could make a lot of long term shareholders somewhat more content.
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