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 (143)	11/27/1997 10:27:00 PM
From: Orwell	Read Replies (1) of 406

GLR has hit its all time low today, and that folks should be the all time low, unless one thinks that Venezuala will never grant rights. If this were true, they would have categorically said No to GLR already. Properties such as GLR will be hot commodities in a couple of years. Most of the smart gold seniors have sold foward all of their production for the next few years. These companies will be awash in cash over these years, and will be able to buy up even more properties, which themselves will be scarcer due to the lack of exploration which will be almost nill during this time. The central bank selling will be long over by the time people have to worry about production from GLR's property. O.

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