US now has control over Venezuela $17T+ Oil and $2T+ Mineral reserves.
This is the Gold Rush of 2026.
If your first thought was profiting on the situation, here's how:
$GRZ.V ($289.61M) | $RMLFF ($582m) - $8.1B+ in claims from Gold Reserves. Over 45 times (4500%+) upside in pure assets if the full amount gets paid out to Gold Mining LTD.
Gold Reserves ( $GRZ.V) - Basically, Gold Reserve filed a new $7 billion claim (Gold Reserve v. Venezuela II) for the expropriation of their stake in the Siembra Minera project (Brisas/Cristinas mines). They already won a $1.1B arbitral award, which is 5x their share price (floor).
But, the full claim is unlikely as in a US-led reconstruction, Venezuela won't have the cash to pay $8.1B.
Instead, Gold Reserve would swap these massive debts for control of Siembra Minera rights back, one of the largest undeveloped gold/copper deposits on earth. Which presents extremely considerable upside (but this is higher risk).
Rusoro Mining ( $RMLFF ) – The "Citgo Auction"
Current Market Cap: ~$582M USD Claim Value: ~$1.87 Billion (including interest)
Unlike many others, Rusoro has attached its claim to the ongoing Delaware Court auction of PDV Holding. If the CITGO auction clears at a reasonable price, Rusoro gets paid in US Dollars, likely in 2025.
This would result in a cash injection of ~$1.8B into a company trading at ~$580M. This implies a ~200% to 300% return from current levels
TLDR: $RMLFF (Rusoro) - ~3x return driven by the CITGO Auction in the USA (High probability, lower multiple).
TLDR: $GRZ (Gold Reserve) - potential ~45x return driven by Regime Change/Nation Building and swapping debt for mining rights (Lower probability, massive multiple).
What else?
ConocoPhillips ( $COP, $119B MC) - Owed $10B+. They are the "whale" of creditors. This is extremely considerable amount of assets, but less impactful compared to $GRZ.V.
Chevron $CVX - Never fully left. They have been operating under a special OFAC license (General License 41).
ExxonMobil $XOM - Claims ~$1.6B
Tidewater ( $TDW ): Claims ~$80M
O-I Glass ( $OI ): Claims ~$700M, 35% cash injection relative to market cap. This is a sleeper hit. If they get their $700M from the Citgo sale, it dramatically improves their balance sheet.
