The GRZ/JV deal is predicated on VZ paying the award. Doug has stated he will continue to pursue all legal avenues until it's paid in full. Even if VZ renegs or the JV falls apart, GRZ will get its $750 million, which should come out to about a $6 per-share dividend. GRZ is not giving anything up by signing this deal. GRZ is not taking VZ's word.

A big part of that was VZ agreeing to pay off the ICSID award. VZ had been fighting and delaying (and continues to do so) paying the $750mil they owe. With GRZ helping to facilitate development of the mine, VZ will pay in full, plus buy the mining data GRZ is holding.

GRZ is not loaning VZ any money. They are facilitating the loans, then will help run the mine. Anyone who has been around long enough should know Doug is going to do everything right to protect his company and shareholders.

Remember, too, both parties are moving forward based on an MOU - a verbal agreement which can be canceled at any time for any reason - so nothing is set in stone.

This could all fall apart this weekend when the MOU expires.

Wow. That was quick.

Something of interest is the New Zealand judge in this case also sits on GRZ's case against VZ

Speculation is that GRZ is putting something in place to keep its Amex listing. Could be. With the initial payment of $50,000 already made, that's very cheap, even if the deal is all for show. Either way it's well worth it.

This article came out yesterday but didn't appear on most news wires. GRZ has itself a deal.

http://www.marketwire.com/press-release/soltoro-ltd-options-la-tortuga-copper-gold-project-to-gold-reserve-inc-tsx-venture-sol-1651671.htm