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

To: Orwell who wrote (198)	12/16/1997 8:53:00 PM
From: Syncrude	Read Replies (3) \| Respond to of 406

The recent drop in GLR was done completely by GLR management through confusion caused on the marketplace. The "supposed" veta right granting did not impress the market, perhaps suggesting that they will not get them in the end. Publishing their bland press release on the last day of work for upper government officials does smell too good. Nor is the "supposed" publication in a "special" Official Gazette a confidence builder. Where can we get independent confirmation of all of this. I fail to see why they should waste precious cash buying back shares. If they ever do get veta rights, they will need money! As for short term expectations, I think it has been a few years that shareholders have been waiting and waiting. Imataca and gold prices have not helped. But I repeat, GLR management has attracted further shareholder losses through inept communications. I am starting to wonder if this goes beyond communications. They are acting like a small company!