Gold Reserves Limited GLR - TSE Message Board

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

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To: The Vet who wrote (385)	7/27/2002 11:59:51 AM
From: Syncrude	of 406

The Vet, I agree that the future of Brisas lies with a joint development with Las Cristinas and perhaps other deposits. Gold Reserve can sit out the saga for a while yet, if it comes to that. I would have preferred to see Gold Reserve undertake projects outside of Venezuela as a contingency, but it is a bit late for that, and the Company remains a play on a single deposit....quite a risky strategy. The price of gold remains shaky with an uncertain future. Recent world events have again confirmed that gold is no longer a refuge in times of crisis. Even with the stock market meltdown, gold has not reacted very well.

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