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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 Jun 11, 2024 10:23pm
145 Views
Post# 36083995

Citgo purchase with auction bid

Citgo purchase with auction bid For those who have followed the Flying J, Berkshire Hathaway, Call family relationships there likely is a  much deeper reason this bid was formalized.
If successful the denouement once unfolded will be quite intriguing.
It is all about the 360 locations and the refineries tied in with existing holdings.
The need to build EV Charging Locations Nationaly comes to mind.

The financing for GRZ will likely excelerate a renewed ICSID case against Venezuela on their  reneging on the Siembra Minera project which may encourage a relook on this.
Do not know what assets if any for Venezuela may be in Jeopardy but nice to have in the burner for Gold Reserve.


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