GRZ is trading under their cash in the bank value and they still have their approved EIS permit in hand. Only their permit to commence construction was revoked.

With $100 million in cash and another $50 million in new milling and mining equipment they can start looking in other directions immediately the appeal deadline passes. There are plenty of good juniors with good ore bodies who are presently at bargain basement prices in much more friendly parts of the world who would love to do a deal.

That makes GRZ's position quite flexible. They might not have 10 million ounces of gold and 1.3 billion pounds of copper, but you can still build a nice little mine for $150 million while working through the legal issues with Venezuela in their own time.