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IIROC Trade Halt - Gold Reserve Inc.
Tuesday, November 01, 2016
IIROC Trade Halt - Gold Reserve Inc.
03:51 EDT Tuesday, November 01, 2016
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2016) - The following issues have been halted by IIROC:
Company:
Gold Reserve Inc.
TSX-V Symbol:
GRZ
Reason:
At the Request of the Company Pending News
Halt Time (ET)
07:41
Gold Reserve website - today:
Gold Reserve Awarded $740.3 Million by ICSID for the Expropriation of the
Brisas Project by Venezuela.
maths not his strength?
"Pdvsa has exploitation rights for more than 92 billion ounces of gold. We head for re-launching of the gold sector," Ramírez said. However, he did not specify whether this step forms part of the plan to honor the debt owed to the BCV.
92 BILLION ounces of gold worth today approx:
92,000,000,000 x $1,226.40 = $112,828,800,000,000
(aw heck, more than eight times the US national debt...)
gg
"This company is very important because PDVSA, through the Venezuelan Mining Corporation, has awarded the right to protection by over 92 billion ounces of gold," he said.
Worth roughly (at today's gold price of ~US$1,250) about US$ 115 TRILLION... enough to buy us out AND pay of the US National Debt many times over. What are we/they worried about ...
GG