InvestorsHub Logo
Followers 59
Posts 2025
Boards Moderated 1
Alias Born 05/07/2003

Re: buxmaker post# 27

Thursday, 10/11/2018 2:16:41 PM

Thursday, October 11, 2018 2:16:41 PM

Post# of 51
If they got the money in actual cash US dollars it would be north of $1....... but this is Venezuela. They may pay in heavily discounted bonds.

Gold Reserve Inc., a mining company incorporated in Canada and headquartered in Spokane, Wash., said in a statement that it had received Venezuelan government bonds with an estimated market value of around $88.5 million. The payment was made as part of a settlement agreement that calls for the Venezuelan government to pay it around $1 billion related to a mining project in the country.