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Gold/Mining/Energy : Gold Reserves Limited GLR - TSE
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To: Bruce Laur who wrote (104)8/5/1997 12:58:00 PM
From: Davis   of 406
 
In a June 1997 research report of RBCDS it is stated that the grade of the gold-only southern portion of GLR's property (which contains 4.16MM ounces) is the same as Placer Dome's property. The northern portion has 3.14MM ounces of gold plus copper with a gold equivalent of 1.18 gpt. With ministerial approval of the hardrock rights pending, the stock is trully undervalued.
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