...but GRZ went north.
I do not think this sp appreciation is much due to the news release of visitors to Brisas who were turned away due to not having authorization to claim the property.
I suspect that some investors feel that there is a possibility of a settlement in the very near future and they want a piece of the action.
I also suspect that if an offer of settlment comes from Venezuela it will be for a nominal amount, lets say the nominal cash expended on the property. If that is so then I expect a rejection by the company. It is not just a case of paying for the expenses incurred but a matter of compensation for all practical purposes that is theft. In cases of such compensation the amount should be larger than the direct expenses incurred.
Hence I expect the settlement to be at least twice the expenses incurred and hope for about 1.5 billion $.
Ed.