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

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To: Check who wrote (282)7/21/1998 5:01:00 PM
From: Johnnyboy   of 406
 
I realize that the return looks poor at the current POG, but I'm confident that the price will rebound over the next six months. What bothers me, is that with an abundance of liquid assets, GLR would rather sit on their hands versus aggressively pursue growth opportunities that exist in the current market. I've read in other places that they are simply carrying out Placer's requests. Is there any truth to this ? Or is the management team simply incompetent ? Would you buy more at current levels ?
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