Bullboard - Stock Discussion Forum 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... see more

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TSXV:GRZ - Post Discussion

Gold Reserve Ltd > Reuters article est value of CITGO

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Post by RIDER1975 on Sep 12, 2023 4:54pm

Reuters article est value of CITGO

https://www.reuters.com/business/energy/citgo-petroleum-valued-32-bln-40-bln-ahead-auction-shares-parent-company-2023-09-12/

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Comment by RIDER1975 on Sep 12, 2023 5:00pm

With 3-4 bn USD EBITDA, Enterprise value must be much more than 10-13 bn USD indeed....

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Comment by fishowl on Sep 13, 2023 3:22pm

Here's an article stating a value between $10-$13 billion.. https://finance.yahoo.com/news/factbox-creditors-priority-citgo-share-100716323.html

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Comment by ugluuak on Sep 12, 2023 7:43pm

LIkely regarding the value of the BOND thay are trying to force in order to slow this whole process down. What if anything is gettinf PDVSA TO REISSUE The share certificate??

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Gold Reserve Ltd