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

To: Helmut who wrote (262)	3/4/1998 11:13:00 PM
From: Syncrude	Read Replies (1) \| Respond to of 406

The announcement is good news for GLR. However, investors have come to exercise more caution then before. Doubt has been created, not only for GLR but ALL mining exploration companies in Venezuela. The atmosphere needs to be cleared up, ie. new Mining Law, 1850 Decree as it relates to Imataca. An added concern, in my opinion, is the state of the financial markets in general. Retirement fund contributions are just about over, so some weakness might be in sight. Speculative stocks may find themselves out of favor. Who knows what lies in the future?