Gold Reserves Limited GLR - TSE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tim Cruise who wrote ()	12/31/1996 12:04:00 AM
From: lloyd	of 406

To: Timothy and any other investors FYI.... Two of Canada's top research departments have placed very high recomendations on this stock. RBC Dominion securites has placed a very high recomendations on GLR of $24 in one year and $50 for a three year target price. The important thing to recognize here is that these prices are based on the current proven reserves and could very easily be upgraded if future drill results confirm any more gold deposits. However, recent selling has been prompted by December tax sellling and potential fear of false hopes for this territory. The current search area has been known for creating great excitement with misleading drill results for other companies. Nesbitt Burns has rated this stock an S4 (very strong buy)and also believes there is a large potential for a Placer Dome takeover. For those of you who read this and have a taste for small gold exploration stocks, I would suggest researching Metallica (MR on the Toronto Srock Exchange). This is another company that is further along in the development stages of a fully funtional mine in Mexico. Best of luck in your investments.........Lloyd

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next