comma-separated.Gold Reserve

.Gold Reserve Ltd., a Bermuda‑incorporated miner listed on the TSX‑V, has appealed the U.S. District Court’s Nov 29, 2025 order that transferred PDVH (Venezuelan oil) shares to Elliott/Amber Energy. The appeal contests the $2 billion valuation, arguing the court ignored contractual terms, cash‑flow projections, and sanction‑adjusted asset value. Venezuela’s government, PDVSA, and related entities have also sought a stay. The case underscores geopolitical risk, the impact of U.S. sanctions on sovereign assets, and could set a precedent for fair‑value assessments in similar distressed‑asset sales.