Post by
ugluuak on Aug 18, 2024 10:05pm
Big things going on in RIVER CITY
Many years of tears has brought us here.
Citgo, under supervisory boards appointed by Venezuela's opposition since 2019, has reported significant earnings in recent quarters. The U.S. judge overseeing the case, Leonard Stark, is pushing for a swift resolution, rejecting delays. A winner must be selected by August 22, with final approval by October 15, subject to the U.S. Treasury Department's consent.
Comment by
Hopeful123 on Aug 19, 2024 10:53am
Is this going to affect the auction..also could this affect Grz stock ...apparently Camac is a buyer.
Comment by
Hopeful123 on Aug 19, 2024 11:52am
If GRZ and partner wins the bid, this will be hugel
Comment by
Hopeful123 on Aug 19, 2024 1:03pm
Hearing a big buyer out there at 4.84...
Comment by
Hopeful123 on Aug 19, 2024 3:19pm
Did not lose money..It was used to upgrade operations..That would be good for the sale.
Comment by
ugluuak on Aug 21, 2024 9:06am
August 22nd ????? https://www.pgjonline.com/news/2024/august/us-court-delays-citgo-share-auction-decision-until-october
Comment by
slappyjo on Aug 21, 2024 10:43am
Nothing has changed. August 22 is when the Special Master submits notificatioin of final recommendation. Then 3 weeks for objections. Then 2 week for replies to the objections. Then 3 days for objectors to reply to the replies, October 30 is final sales hearing.
Comment by
helpful1 on Aug 21, 2024 1:06pm
Yes,Looking forward to Gold Reserve in Joint with FJ MANAGEMENT being the new owners of CITGO. tHE stock price will leap if we are the winners of the credit bid.
Comment by
helpful1 on Aug 22, 2024 2:53pm
Has anyone heard news from the Special Master yet.Today is August 22nd? I called Gold Reserve Office in Washington & they are expecting news on the Citgo Credit bid too?
Comment by
helpful1 on Aug 22, 2024 2:53pm
Has anyone heard news from the Special Master yet.Today is August 22nd? I called Gold Reserve Office in Washington @ they are expecting news on the Citgo Credit bid too?