Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (207)	12/17/1997 2:58:00 PM
From: Al Lewis	Read Replies (1) \| Respond to of 406

Could you post the specific details of the shareholder rights plan, if it isn't a lot of trouble. Just a summary, which you may have already given, would do. I would appreciate it. I presume it is in the annual report, but don't have a copy. Thanks Al

To: The Vet who wrote (207)	12/17/1997 3:10:00 PM
From: Syncrude	Respond to of 406

As I stated before, I am long on GLR. If they do get the rights, the current market valuation is dirt cheap! Question still remains in my mind about the veta rights. I will not be comfortable until I see independent confirmation. They already went through a 30 day period this year when anyone objecting could have done so, and no one did! The market seems to be having its doubts also, as the stock has not recovered back to where GLR was before the press release fiasco (ie. nothing to do with POG)ie over $6CDN. As for hostile takeover, I doubt that current shareholders would give the company away (… la Bema/Arizona Star). I am not worried that anyone could/would walk away with GLR that cheap!