Gold Reserves Limited GLR - TSE Message Board

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

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To: Al Lewis who wrote (132)	11/16/1997 8:36:00 AM
From: virginijus poshkus	Read Replies (3) of 406

Al, i am a follower of gldr becase of their position next to kry . it seems to me that venezuela is place similar to the wild west. "anything goes" as i understand it, gldr only has alluvial rights, this is similar to kry, deep rights have been promised for years to no avail. the market just is a scary place to be in today. with decisions like the one just made by venz, this does not instill confidence in the juniour gold stocks. even with without the deep rights gldr has over 7.2mm reserves, is this correct? the stock went down to $2.5us., just a week ago it was 4.75. the stock appears to be a long term buy at these prices but you need balls of steel to get through the next few months. good luck to all vargas

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