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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (31674)10/18/2004 3:55:38 PM
From: bmccra  Read Replies (1) | Respond to of 39344
 
The market rarely seems to treat dilution in these stocks favourably, even when it's done at or above market prices. On a down day for golds and with discounted finance terms I guess it's not too surprising GRZ got marked down.

Although I don't own Gold Reserve currently (owned it back when it was really on sale and trading near a buck - then sold it too soon) I like the company and the Brisas deposit. It seems logical (to me atleast) that KRY would grab GRZ and develop Las Cristinas and Brisas together.

b