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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 > Physics ?
View:
Post by ugluuak on Mar 14, 2024 11:24pm

Physics ?

Just like in Physics for every action there is an equal and opposite reaction.
For every share sold by a holder there is another one buying.
One has a reason to sell that could be one of so many reasons.
The other sees opportunity to make gains.
It is called the MARKET .

Will be interesting to see what support the US Government gives to any actions by the Venezuelans as a side order to the auction process.
All in all I believe the US Gov would prefer longer term if CITGO was still attached in some way to the country away from a current totally political aspect.

Would GOLD RESERVE still, with all said and done entertain a mining venture in Venezuela. 
Only as a informed coaching observer is my preferance.
Take a wack of cash up front pay the shareholders and keep a play to develope the project.
Can not have the Maduro regime in any part of this approach.
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