Gold Reserve Ltd V.GRZ

Sound of Silence

[mrmoribund]

Looks like no public disclosure as to who the Citgo-bidding "winner" is. Perhaps the court's plan is to keep it all secret until whenever in October.

If so, seems odd to me. I'm not sure what harm there could be in disclosing who the top bidder is.

Also, the court will really be able to keep all this secret? Every bidder-for-Citgo will know who "won" and probably every Citgo creditor will know. And their high-level employees. And armies of lawyers.

I will be surprised if Reuters doesn't find out somehow.

[slappyjo]

There is the possibility of another extension.  It wasn't until the day after the last deadline came and went that the court announced they would extend the process.  Today is the day after, again, and it's a Friday, so it would be a good day for the court to announce another extension. Yeah, maybe Reuters will know something with their inside sources.  They have a good

[Hopeful123]

Hopefully GRZ wins and the they can go after the 45 percent on property which could add 2 to 5 billions more for shareholders and hedge funds are extremely important to fund this arbitration. 

[helpful1]

Found out CAMAC has 17% of the stock .I watch them as a large amount of share lots for a long Time . What do they know. I think they know what is really going on I think they will make a lot of money especially if Gold Reserve wins the credit bid.