Update: Gold Reserve's Q2 Earnings Show Lack Of Progress Regarding Its Brisas Arbitration Claim Against The Venezuelan Government
Ben Kramer-Miller • Sun, Sep. 7
- Gold Reserve Inc. released its second quarter financials and MD&A that show little progress regarding its goal to monetize its seized Brisas Project in Venezuela.
- I had largely anticipated this lack of progress in my article last year.
- Nevertheless investors continue to bid the shares up as the stock continues to outperform the sector.
- This is a largely binary bet on the outcome of this arbitrage claim making it a stock for the politically shrewd rather than for mining investors.