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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 20, 2024 1:10pm
99 Views
Post# 35889202

RE:Sellers

RE:SellersAnd again, it is logical to rotate into RML, due to lower risk in the prior list.
Howsoever better GRZ looks to me (more transparent etc.), there is a.binary risk, could they get what is owed or couldnt .
Running the risk of the latter seemed unnecessary at this stage.
I have also been rotated previously, though only partly. Weighted towards RML, holding both.  And week after week realizong profit on RML. As it has grown too large for me, and I dont want to run any horror scenario (eventually not getting OFAC permit), with the whole position.
I rotated with the profit other partly similar cases, litigations against sovereigns, where the closure is imminent 
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