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Gold Reserve, Inc. (GDRZF)

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norweger1979 Member Profile
 
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norweger1979   Friday, 06/30/17 12:38:23 PM
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Gold Reserve, Inc. (GDRZF)
2.7827 ? 0.0257 (0.93%)
Volume: 44,218 @ 11:38:33 AM ET


strong volume taking out offers, looks like a battle of opinion & risk of the current political situation in Venezuela!

You have patient buyers increasing their position after the first installment payment of $40 Million has been made and GDRZF is calling parts of their expensive debt (carrying 11% interest rate) vs. holders that don't trust the Venezuela govt unrest and reduce risk of possible change in govt along with changes to recent agreements.

Even in a govt. control change and possible new contract negotiations I expect at worst case scenario additional extensions. Patience should prevail and long term value wins

good luck

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