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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 slappyjoon Aug 25, 2024 10:45am
91 Views
Post# 36195162

RE:RE:RE:RE:Elliott Investment Management...

RE:RE:RE:RE:Elliott Investment Management...Correct.   It's closer to $6.5 billion in front of us and interest continues to accrue every day.  The other unknown is the bond holders. They are claiming about $2 billion but it's unclear how they would be handles in the priority list.  

My opinion is they should be last since they haven't spent the time and money the other creditors have in this litigation.

One thing you can bet on is they will sue unless they are paid first, and in full.  That's why I think we might still be where we are now, next summer.
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