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Gold/Mining/Energy : Gold Reserves Limited GLR - TSE
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To: Francis R. Biscan Jr. who wrote (40)2/4/1997 7:52:00 AM
From: Francis R. Biscan Jr.   of 406
 
I did a little carification work on how Stan Sandner was connected to Placer Dome and Gold Reserve. I guess Stan worked as a consultant to PD in Venezuela and lead them to what is now called the La Christinas. AS far as Gold Reserve, Stan discovered the original property with a partner, that is now the Brisas, and sold it to GR. Out of all that potential, he kept the Alfa concessions for a company, that he formed, now called Cadre Resources. I have spoken with him on several occasions, and he believes what we have in the company now far exceeds either of those two properties, and the stock is at 1.70C with 10.3 million shares FD, just announced a financing ( Included in the FD shares )to commence production according to thier business plan, which should begin in 60-90 days..........Rich
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