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 > Sellers

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Post by Hopeful123 on Feb 20, 2024 10:52am

Sellers

Looks like 5 mln shares of GRZ offered at 3.10 US...Has to be a major institution or insider.Company has no ideas.Shocking and suspicious... I am wondering if Rusoro is buying them...

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Comment by RIDER1975 on Feb 20, 2024 12:36pm

Why would they? Russoro, the company doesnt have more money as the share price has risen (at least I think).

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Comment by RIDER1975 on Feb 20, 2024 1:10pm

And again, it is logical to rotate into RML, due to lower risk in the prior list. Howsoever better GRZ looks to me (more transparent etc.), there is a.binary risk, could they get what is owed or couldnt . Running the risk of the latter seemed unnecessary at this stage. I have also been rotated previously, though only partly. Weighted towards RML, holding both. And week after week realizong ...more

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Comment by Hopeful123 on Feb 20, 2024 1:25pm

Now 10 mln GRZ is offered at 3.12 US....scary. 10 percent of company. I am selling GRZ now and buying RML....RML is worth min 2.50...GRZ ???? Now poss 5.00 Cdn....more leverage with Rusoro.

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Comment by slappyjo on Feb 20, 2024 1:57pm

I don't see that. Besides, volume is very low and there is no indication insiders are selling. Camac is still buying. They are the ones to worry about. I feel totally fine.

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