Gold Reserve Inc. Message Board

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Gold/Mining/Energy : Gold Reserve Inc.

GRZ.V 2.190

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Oct 30 12:07 PM EDT

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From: MeTwo	11/4/2022 8:24:55 AM
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Is anyone on this board? Please let the rest of us know if you are. Has anyone seen this news report from a month ago? I completely missed it and no mention about it from the company. This could be huge if we are able to attach our claim to this possible sale of Citgo. HOUSTON, Oct 7 (Reuters) - A U.S. judge could rule soon on a final auction schedule that could force a breakup of Venezuela-owned Citgo Petroleum, the seventh-largest U.S. oil refiner by capacity, according to court filings. U.S. District Judge Leonard P. Stark last year approved the sale of shares in Citgo's parent to pay Canadian miner Crystallex $970 million owed from an expropriation judgment for its assets in Venezuela. Citgo is the crown jewel of Venezuela's overseas assets. ....... On Friday, Koch Minerals and Koch Nitrogen jointly asked Stark for an order to seize the Citgo parent shares to satisfy their $387 million judgment against Venezuela. Miner Gold Reserve Inc also registered its $713 million award with the court on Wednesday, signaling it hopes to piggyback on a Crystallex auction.

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