9:28AM Gold Reserve announces notification of delisting from NYSE Amex (GRZ) 15.70 : Co intends to appeal... The Company's international arbitration against the Republic of Venezuela regarding the illegal expropriation of its Venezuelan properties is proceeding well but there are no material developments with respect to the case at this time. The Company is also pursuing possible settlement of the arbitration but no assurances can be given at this time that it will be successful in reaching a settlement. The time table remains intact with Gold Reserve required to submit its reply on July 15, 2011 to Venezuela's counter memorial. The hearing on the merits is still scheduled for February 6, 2012.

Not very comforting seeing thier stock was over $2+ and cash was plentiful + market cap was over $170 million a few days ago.

We need a new business to present to the AMEX and nothing remotely close to Vz. to keep the listing.

I still say a reverse merger with CREC will do it.. Lets see whos right.