Gold Reserves Limited GLR - TSE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Reserves Limited GLR - TSE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: coug who wrote (314)	6/23/1999 10:53:00 PM
From: Syncrude	Read Replies (1) of 406

Coug, Re: cash balances. Yes many exploration and producing companies would love to have such cash, but Gold Reserves is a single property company. Right now, it is stuck in the mud. Even PDG does not appear certain to want to pump its financial resources into Las Cristinas. Gold Reserve is like a sitting duck stuck on a frozen lake. It will take improved economics to move Brisas to the stage where they can try and sell shares in Canada.... I am not sure that immobilizing money into Gold Reserve would be rewarding. In the past, investors and speculators bought shares with the hope that PDG would takeover the company. Since it appears that this will never happen, much of the speculative appeal has been removed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next