Gold Reserve, Inc.(GDRZF)- OTCQB
  • Mon, Aug. 8, 5:47 PM
    • Gold Reserve (OTCQB:GDRZF) surged more than 17% in today's trade after unveiling a $770M settlement agreement with Venezuela's government.
    • The government also agrees to buy Gold Reserve’s technical mining data for $240M, and the two sides will form a joint venture to develop the Brisas-Cristinas gold project, which is expected to cost $2.1B.
    • Gold Reserve will drop its $740M international arbitration claim against Venezuela, which the company won in court last year after the Brisas project was expropriated.
    • Venezuela still must raise the money and pay it out, even as it tries to cope with a major economic downturn amid weak oil prices.
    | Mon, Aug. 8, 5:47 PM | 11 Comments
  • Jan. 4, 2013, 12:45 PM
    Midday top 10 gainers: SHIP +45%. EGLE +36%. GTIM +26%. DRYS +17%. SCTY +14%. UNXL +13%. HNR +13%. GEVO +12%. APKT +13%. PRGN +13%.
    Midday top 10 Losers: ARAY -20%. SIMG -13%. DRTX -8%. VISN -7%. KGJI -7%. EMMS -7%. FINL -6%. ALIM -6%. SPRT -6%. GRZ -6%.
    | Jan. 4, 2013, 12:45 PM