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

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To: Cyber Rock who wrote (84)6/11/1997 4:31:00 PM
From: John Stopforth   of 406
 
Clar

I no longer own Gold Reserve shares. I can't find fault with the
company nor its property, it was my feeling that this Bre-X thing
would affect all mining stock in a negative way.
I sold at a big lose and purchased Bombardier.
Unless there is a steep increase in the price of gold, I feel mining
stocks will take up to two years to recover.
Good luck on your investment, so far GLR has not behaved too badly.

From the Rockies
John
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