Seeking Alpha

The Vet » Comments » GRZ

  • 10 Reasons to Reject Rusoro's Bid: Gold Reserve's Desperation Presentation [View article]
    James, when you make statements like "No evidence in support of this allegation has been provided. Why have no criminal trespassing charges been filed against Rusoro if this is the case? " I am afraid I have to doubt your due diligence and/or motives.

    Rusoro has made public statements admitting that they drilled GRZ's Choco 5 property and GRZ has included the trespass as part of their claim before the courts in Ontario.

    So what is it? Is your DD so superficial that you missed those points, or do you have another agenda for publishing misleading information?
    Jan 07 10:09 am |Rating: 0 0 |Link to Comment
  • Venezuela Looms Large in Gold Reserve's Slide [View article]
    Despite the lack of information from Venezuela, Gold Reserve unlike many other juniors is quite well cashed up and has a 35k tpd mill and process machinery ready for delivery next year.

    Venezuela may be able to block Brisas but they can't confiscate the cash and equipment even though the market prices GRZ as if they already have.. GRZ has approx. 56 million shares issued so that gives it well over $1 a share in cash without considering the value of the equipment, but it trades at 35 cents?
    Nov 28 17:23 pm |Rating: 0 0 |Link to Comment
More on GRZ by The Vet
Comments by Ticker
The Vet's
Comments Stats
24 comments
Rating: 12 (13 - 1 is )