Companies · Mining & Resources
HAMILTON · Mining & Resources · refined from filed group “Other”
Diligence memoA one-page analyst read on Gold Reserve Ltd — recommendation, valuation, rhythm, risks.→Gold Reserve Ltd has raised $250M over 6 rounds; too few niche peers to rank its valuation yet.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
Gold Reserve Ltd is one of 701 Mining & Resources companies tracked from HAMILTON. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.
Round size and date are reported; the stage label is inferred from round size (latest is Series C — a $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Gold Reserve Ltd this company | Series C | $250.4M | $370.6M | 1.53× |
| Sunshine Silver Mining & Refining Co | Series C | $48.9M | $241.9M | 1.00× |
| Foran Mining Corp | Series C | $152.1M | $42.2M | 0.17× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series B | $37.3M | 2014-06-18 | $207.3M | $179.0M | 85% |
| Series C | $57.1M | 2015-11-30 | $380.4M | $282.5M | 85% |
| Series C | $15.0M | 2024-06-07 | $100.0M | $74.2M | 90% |
| Series C | $36.0M | 2024-07-03 | $240.0M | $178.0M | 90% |
| Series C | $30.0M | 2025-07-30 | $200.0M | $148.3M | 90% |
| Series C | $75.0M | 2026-02-26 | $500.0M | $370.6M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Jean Charles Potvin | — | 4 other | 2014-06 |
| David A. Knight | — | 1 other | 2024-06 |
| George E. Thomas | — | 1 other | 2025-07 |
| James H. Coleman | — | 1 other | 2014-06 |
| James P. Geyer | — | 1 other | 2014-06 |
| Mary E. Smith | — | 1 other | 2014-06 |
| A. Douglas Belanger | — | — | 2014-06 |
| Chris D. Mikkelsen | — | — | 2014-06 |
| David P. Onzay | — | — | 2024-06 |
| James Michael Johnston | — | — | 2024-06 |
| James P. Tunkey | — | — | 2024-06 |
| Jonathan E. Howes | — | — | 2025-07 |
| Kenneth I. Juster | — | — | 2015-11 |
| Mackenzie Claire Eleanor Clark | — | — | 2026-02 |
| Patrick D. McChesney | — | — | 2014-06 |
| Paul A. Rivett | — | — | 2025-07 |
| Paul Claire Eleanor Rivett | — | — | 2026-02 |
| Paul P. Rivett | — | — | 2024-06 |
| Robert A. Cohen | — | — | 2024-06 |
| Robert A. McGuinness | — | — | 2014-06 |
| Rockne J. Timm | — | — | 2014-06 |
| Sai P. Ahmed | — | — | 2026-02 |
| William C. DeSilva | — | — | 2025-07 |
| Yves M. Gagnon | — | — | 2024-06 |
Gold Reserve Ltd is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Foran Mining Corp | Mining & Resources | Series C | $152.1M | $42.2M | same sector · same stage |
| MineralTree, Inc. | Mining & Resources | Series C | $109.7M | $269.5M | same sector · same stage |
| Hecla Mining Co/De/ | Mining & Resources | Series C | $100.0M | $45.6M | same sector · same stage |
| Consensus Mining & Seigniorage Corp | Mining & Resources | Series C | $85.0M | $420.7M | same sector · same stage |
| i-80 Gold Corp. | Mining & Resources | Series C | $76.1M | $22.7M | same sector · same stage |
| Sabina Gold & Silver Corp. | Mining & Resources | Series C | $49.9M | $1.7M | same sector · same stage |
| Sunshine Silver Mining & Refining Co | Mining & Resources | Series C | $48.9M | $241.9M | same sector · same stage |
| Azimut Exploration Inc. | Mining & Resources | Seed | $4.1M | $11.6M | network1 shared operator · same sector |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Gold Street Reserves, LLC | Mining & Resources | Pre-Seed | $667K | 91% |
| Premier Gold Mines Ltd | Mining & Resources | Series B | $10.7M | 88% |
| AU Gold Corp. | Mining & Resources | Pre-Seed | $1.1M | 88% |
| Gold Basin Resources Corp | Mining & Resources | Pre-Seed | $1.0M | 87% |
| Pacton Gold Inc. | Mining & Resources | Pre-Seed | $1.1M | 86% |
| Blue Gold Ltd | Mining & Resources | Seed | $8.4M | 86% |
| Sovereign Metals Ltd | Mining & Resources | Series A | $8.3M | 86% |
| Stakeholder Gold Corp. | Mining & Resources | Pre-Seed | $1.4M | 86% |
See where Gold Reserve Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Gold Reserve Ltd, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.