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Bullboard - Stock Discussion Forum 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... see more

TSXV:GRZ - Post Discussion

Gold Reserve Ltd > U.S. Third Circuit Court of Appeals Affirms Previously Annou
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Post by whytestocks on Jul 11, 2023 1:00pm

U.S. Third Circuit Court of Appeals Affirms Previously Annou

News; $GDRZF U.S. Third Circuit Court of Appeals Affirms Previously Announced District Court Order Granted to Gold Reserve and OthersGold Reserve Inc. (TSX.V:GRZ) (OTCQX:GDRZF) ( Gold Reserve or the Company ) announces that on July 7, 2023 the United States Court of Appeals for the Third Circuit (the Third Circuit ) issued a judgment affirming the orders of the United States District Court for the District of Delaw...GDRZF - U.S. Third Circuit Court of Appeals Affirms Previously Announced District Court Order Granted to Gold Reserve and Others
Comment by helpful1 on Jul 11, 2023 2:36pm
So Gold Reserve is well on it's way to Collecting funds owed to them .Now, if they get $996 M UDS Great.Even better restore ownership to Grz is best solution.Then GRZ can sell the Mine to a Large Mining company .Net work between $10 to $40/share. Let us see what happens but Judgement is very favorable news for Gold Reserve.
Comment by agtavy on Jul 11, 2023 3:43pm
The value of Citgo is somewhere between $10 and $13 billion - not nearly enough to pay all the creditors. I don't know how the Special Master will divide the available funds.  With $20 billion owed and our portion being $1 billion, do we get 5% (1/20th) of what's collected?  Should Crystallex get their full amount since they successfully started this whole thing? I don't ...more  
Comment by ugluuak on Jul 15, 2023 12:46pm
There is absolutely no trusting any SA government nor any interest for any miner to get involved with Venezuela for a long long time. The gold is not going anywhere ! GRZ should take any money aloted pay their shareholders and be done with it .
Comment by settoretire on Jul 15, 2023 6:31pm
As I stated... Blood from a stone....
Comment by agtavy on Jul 16, 2023 8:29am
It's different this time.  The plaintiffs all won their judgements in international courts.  VZ's appeal failed. The wheels are in motion to sell VZ assets. It's got nothing to do with what VZ want. The stock price has nearly doubled in two months.  
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