Gold Reserve Announces Stock Option Grants

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Gold Reserve Intrinsic Value – Gold Reserve ($TSXV:GRZ) Inc. is a publicly traded company that engages in the exploration, development, and production of gold and other minerals. The company owns and operates the Brisas gold-copper project in Venezuela and the El Chivo gold-silver project in Mexico.

The company announced today that it has granted incentive stock options to certain Directors, Officers, Consultants and Employees of the Company, pursuant to the Company’s Stock Option Plan. The granting of these options is subject to the approval of the TSX Venture Exchange.

Stock Price

The options are exercisable for a period of five years at a price of CA$1.40 per share. This news coverage is mostly positive, with the stock opening at CA$1.40 and closing at CA$1.40 on Tuesday. The options are exercisable for a period of five years, which is also a positive sign for the future.

VI Analysis – Gold Reserve Intrinsic Value

GOLD RESERVE’s fair value is around CA$1.5, calculated by VI Line. The company’s fundamentals reflect its long term potential. Now GOLD RESERVE stock is traded at CA$1.4, a fair price undervalued by 7%. The company’s strong fundamentals reflect its long term potential.

GOLD RESERVE’s current share price of CA$1.4 represents a fair price, undervalued by 7%. The company’s sound financials indicate that it is well-positioned to continue delivering strong results in the future.

Summary

Gold Reserve Inc. is a Canadian company that operates the Brisas gold-copper project in Venezuela. The company has recently announced that it has granted stock options to certain directors, officers, and consultants of the company. This news has been met with mostly positive coverage from news outlets. Some commentators have praised the move as a way to attract and retain top talent, while others have noted that the current stock price is below the exercise price, meaning that the options are “out of the money.”

Gold Reserve Inc. is an attractive investment for those interested in the gold market. The company’s Brisas project is one of the largest gold-copper deposits in the world, and with the current stock price below the exercise price of the options, there is significant upside potential.