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Gold/Mining/Energy : Gold Reserves Limited GLR - TSE
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To: AL R who wrote (264)3/7/1998 12:59:00 AM
From: shorty  Read Replies (1) of 406
 
Patience, everyone knows now, there hasn't been any heavy selling, two factors now are #1 PDG's claim simply because its not a stand alone project. GLR is just being priced. #2 current POG makes this a difficult project to get completed, a few years down the road it will be a company maker. The biggest problem is Chrystallex looking for a payoff, this has put PDG in a bind and stepping back until things are clarified was the right thing to do. Crystallex could never get this off the gound, they are so far in the hole (figuratively speaking)the only thing they could do is sell it off. Net result GLR just has to sit and wait. Good luck to everyone that owns this stock. Rumor has it there is a huge rainbow over this part of Venuzuela.
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