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

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To: The Vet who wrote (186)12/15/1997 7:37:00 PM
From: Orwell   of 406
 
Orwell speaks: $4usd or $6cdn is guaranteed for GLR

The low end of the range of things until recent times was $8cdn.
Plus at current levels, 1/3 of their stock is still CASH VALUE, and only 2/3 are for valuation on the property (7+ million oz of pure gold, and a billion pounds of copper for those new to the thread, and rising).

GLR now has the #1 property in the world to be picked up for production, and absolutely no other property like it on the horizon. There's gotta be a substantial premium to be the sole member of such a club.

Many people have been sitting on the sidelines waiting for the GLR issues to clear up, regardless of the behaviour of the bullion, analysts/brokers have got to be recommending GLR, and there are still a number of Mutual Funds out there who know a bargain when they see one too.

O.
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