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Gold/Mining/Energy : Gold Reserves Limited GLR - TSE -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (356)	5/24/2002 12:22:25 PM
From: Cyber Rock	Read Replies (1) \| Respond to of 406

A friend of mine who currently holds about 8K of GLR figures that the stock will be back to $20.00 in one year. You guys, more knowledgable about this Las Cristinas and Brias play than I, can comment if you think this is just a dream on his part. c daRock

To: The Vet who wrote (356)	5/24/2002 3:17:07 PM
From: Valuepro	Read Replies (1) \| Respond to of 406

Vet, "Yes, but Las Cristinas can't stand on it's own either so eventually a deal will have to be made." Just because PDG said LC is uneconomic, doesn't make it so. Were that the case, a combination of Brisas and Las Cristinas wouldn't makes any sense because the average grade will/would be lower. Other than that, do you have any other reason(s) why Las Cristinas can't stand on it's own? I'd certainly like to know. Oh, as an added note, even when PDG said LC was uneconomic, they never retracted their PR's citing overall costs which could have provided a decent profit. Later they corrected their versions of the lie to reflect that LC "does not meet our expectations for the investment involved," acknowledging, at least, that it might be attractive and profitable to another company (even back then when the POG was in the $240 to $280 range).