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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 > Rusoro vs Grz
View:
Post by Hopeful123 on Feb 12, 2024 5:21pm

Rusoro vs Grz

Rusoro has gone up from 10 cts to a dollar while GRZ has gone up from 1.70 to 4.30. Grz has about 40 mln cash and no debt...Rusoro I believe has a substantial debt....Anyone care to comment on this as my feelings are more positive on GRZ. Ty
Comment by mrmoribund on Feb 12, 2024 10:25pm
Makes sense that Rusoro has had a much bigger % move because it was far higher risk before this Citgo thing got going. Shareholders were looking at being diluted into nothing. Much like the Crystallex shareholders were. From here I'd still rather hold GRZ because I trust the management. They've done an amazing job of preserving their business and balance sheet (with very little dilution ...more  
Comment by RIDER1975 on Feb 13, 2024 2:38am
Besides the different starting point (debt, litigation finance fee, structure of ownership) , finishimg the auction without partly or fully unpaid is not negligable. I am struggling with the same dilemma, holding both,.
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