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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 > Elliott Investment Management...
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Comment by slappyjoon Aug 24, 2024 9:55pm
95 Views
Post# 36194957

RE:RE:Elliott Investment Management...

RE:RE:Elliott Investment Management...I don't necessarily think so, Felix. We don't know what the amount is or how it's structured.  Previous reports had bids of $8 billion in cash and $9 billion with partial credit.

We don't know if OFAC will issue the license for the eventual sale of Citgo.

There are no guarantees.

Thankfully it appears that GRZ won't be the successful bidder.
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