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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: The reason for GRZ's climb

The reason for GRZ's climb

posted on Sep 28, 2009 10:34AM

http://www.sec.gov/Archives/edgar/data/1072725/000090514809003192/efc9-0940_fmsc13d.htm

ANNEX A
RECENT TRANSACTIONS IN THE SECURITIES OF
GOLD RESERVE INC.
A. Transactions for the account of West Face Long Term Opportunities Master Fund L.P.:
Date of Transaction
Nature of Transaction
Number of Shares
Approximate Price per Share
07/20/2009
PURCHASE
79,200
$0.52
09/10/2009
SALE
106,600
$0.61
09/11/2009
PURCHASE
15,517 (2)
$4.78
09/16/2009
PURCHASE
100,200
$0.81
09/16/2009
PURCHASE
92,683
$0.74
09/16/2009
SALE
34,783
$0.84
09/17/2009
PURCHASE
52,800
$0.84
09/17/2009
PURCHASE
320,900
$0.88
09/18/2009
PURCHASE
23,341
$0.85
09/18/2009
PURCHASE
263,299
$0.85
09/21/2009
PURCHASE
23,300
$0.88
09/22/2009
PURCHASE
5,400
$0.98
09/22/2009
PURCHASE
54,700
$0.97
09/23/2009
PURCHASE
232,360
$1.05
(2) This amount relates to an amount of Shares that the Reporting Person is entitled to obtain upon the conversion of convertible bonds.
B. Transactions for the account of West Face Long Term Opportunities (USA) Limited Partnership:
Date of Transaction
Nature of Transaction
Number of Shares
Approximate Price per Share
07/20/2009
PURCHASE
50,900
$0.52
09/10/2009
SALE
69,800
$0.61
09/11/2009
PURCHASE
9,814 (2)
$4.78
09/16/2009
PURCHASE
64,500
$0.81
09/16/2009
PURCHASE
59,700
$0.74
09/16/2009
SALE
22,300
$0.84
09/17/2009
PURCHASE
33,900
$0.84
09/17/2009
PURCHASE
206,600
$0.88
09/18/2009
PURCHASE
14,900
$0.85
09/18/2009
PURCHASE
169,600
$0.85
09/21/2009
PURCHASE
14,900
$0.88
09/22/2009
PURCHASE
3,300
$0.98
09/22/2009
PURCHASE
35,100
$0.97
09/23/2009
PURCHASE
149,600
$1.05
(2) This amount relates to an amount of Shares that the Reporting Person is entitled to obtain upon the conversion of convertible bonds.
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