Gold Reserves Limited GLR - TSE Message Board

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

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To: Kevin Garnier who wrote (3)	9/9/1996 12:04:00 PM
From: Andrew G.	of 406

Kevin: You're going to love this NEWS!!!:Gold Reserve Corp - In the News Post says RBC analyst keen Gold Reserve Corp GLR Shares issued 21,400,000 Sep 6 close $19.10 Mon 9 Sept 96 In the News The Financial Post reports in its Saturday edition that shares of Gold Reserve rose $5.10 to $19.10 on Friday, on volume of 1.6 million shares. A further 387,000 shares traded on Nasdaq. Market Action columnist Amanda Lang says that on the heels of receiving the rights to mine hard rock at its Brisas property in Venezuela, a report by RBC Dominion Securities propelled the stock to a 52-week high of $19.60 intraday. In a report, RBC analyst Robert Doyle says the stock is undervalued, based on the latest drilling results. Mr Doyle put a target of $25 on the stock, with a three-year target of $50. The Brisas property is adjacent to Placer Dome's 70 per-cent owned Las Cristinas deposit. (c) Copyright 1996 Canjex Publishing Ltd. canada-stockwatch.com

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