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

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To: Syncrude who wrote (295)12/16/1998 11:23:00 PM
From: Pete Schueler  Read Replies (1) of 406
 
Thanks for the comments. GLR certainly has attractive value in terms of market cap/oz in the ground. It's around $5.00/oz vs Getchell's $100.00+ buyout price. I would think that GLR would be a PDG target but for the lingering snag in VEN. I haven't been keeping up with the LC saga. What's the holdup in getting this concession cleared?

Thanks again for your comments.
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