Gold Reserves Limited GLR - TSE Message Board

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

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To: coug who wrote (91)	7/19/1997 9:36:00 AM
From: DNaber	of 406

Hello All, I'm new to the thread and newly long on GLDR. I became interested in the company due to some friends working in Venezuela who said that the mining legislation environment was starting to look up and and that GLDR, among others, should benefit soon. That combined with gold's current price makes gldr seem a bargain at these prices.Yesterday I talked to Mr Belanger and he was of the opinion that the recent stock decline was solely due to the price of gold and not any fundamental problems with the company. IMO that with gold prices appearing to have bottomed, upcoming positive news on mining rights and continually improving reserves that GLDR is a great buy now. Does anyone know if there are any legal ramifications to GLDR from PDG/Crystallex litigation? It does appear that it is in GLDR's best interest for a prompt settlement.

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