Gold Reserve, Inc. (AMEX:GRZ)
CAPS Rating:
A mining company exploring and developing hard-rock minerals with its subsidiary in Venezuela.
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A mining company exploring and developing hard-rock minerals with its subsidiary in Venezuela.
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Grz owns their concessions in Venezuela. Current assets is greater than current capitalization. Gold will go up. Locals want this mine to open. We've been here before. Chavez always pays for what he takes. Minining is allowed in the Imataca by Presdential Decree (Chavez in 2004 I believe).