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

To: ian dodge who wrote (237)	1/8/1998 10:23:00 PM
From: Syncrude	Read Replies (1) \| Respond to of 406

Ian, I have talked not only with Doug Belanger and Bob McGuiness, but with Rockne J. Timm, the President. I am also a shareholder of GLR, so talk about balance! I see you bear a grudge against Mr. Carson, perhaps aided by GLR management? I find it strange that I have to turn to an external source to find out what is going on with GLR. Have you read GLR press releases of Nov 13 and 17? Interesting isn't it? How about the press release of December 12. Tell me that is well written (perhaps for management's purposes it was, not for shareholders)! Where do you find balance? GLR management seems overly agressive towards Mr. Carson and Crystallex and appeasing towards PDG. I don't buy everything that Mr. Carson writes, then again I don't always agree with editorials and reports in other news media. So what is the big deal here! Speaking of alluvial rights, what type of rights does GLR have exactly, stake concessions or concessions in reserved areas?? Your reference to KRY seems to come from GLR management, is this what they told you to say??? What possible bearing does this have on GLR, tell me. Are you also saying that sub-paragraph 17 of the December 3 resolution does not stipulate the conditions what would force GLR to forfeit its operating assets? Are you saying this is also a lie? Your post implies that you have information that the committee investigation is untrue. Would you care to share with us where you get this from? What you call internet gossip, provide more information than GLR has ever given to its shareholders and the investment community. Try and tell me that there is no moratorium on the granting of mining rights. Try and explain why GLR and MEM acted over the holiday period, after GLR has been waiting for months and months if not years. Above board you say??? So in summary I have spoken with GLR management, RBC Dominion and looked at other sources. If all is well with GLR, why is it at $4.15, and don't give me the old "its the fault of price of gold"... The press releases of November were directly responsible for a steep drop in the price of GLR... You state that you are not an expert..so I would suggest that likewise you get information elsewhere than purely from GLR management. Since you are trying to suggest that you know far more than what GLR has issued in press releases and that Mr. Carson's report is a lie, tell us what is really going on with GLR and Brisas. I am sure many would be interested in reading this. Go ahead, I dare you. I still like the Brisas property, but I hate the penny-stock like approach that appears to be developing right now. GLR is losing my confidence, and I am SURE that I am not alone. Let us see what GLR will issue by way of update, hoping that it will be very soon and be more forthcoming.