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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 RIDER1975on Feb 16, 2024 3:51pm
76 Views
Post# 35884956

RE:RE:RE:RE:No re-ordering.

RE:RE:RE:RE:No re-ordering.I have to argue with that . What if RML wouldnt buy one tenth of Citgo for 1.5 bn, but 1/4 of it, for half of the fair value  You may not get any div. immediately, but the company may gain a huge value 

The main advantage of RML against GRZ (besides disadvanteges) os the position in the prior list. Alp those factors  you mentioned are only valid and interesting when both get full payment. In case of a painfully low bid price, GRZ and its shareholders might end up with notthing from Citgo.

Of course I hope for the opposite.
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