AllPennyStocks.com Announces Gold Reserve Inc. As Latest Penny Stock to Watch

MISSISSAUGA, ON, October 24, 2008 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its October 27th to October 31st, 2008 Canadian and U.S. Penny Stocks to Watch. One of the Companies mentioned this week is Gold Reserve Inc. (TSX: GRZ.TO).

Canadian Penny Stocks to Watch:

Gold Reserve Inc. (TSX: GRZ.TO)

Gold Reserve Inc. is a Canadian company, which holds the rights to the Brisas gold/copper project and the Choco 5 gold exploration property in Bolivar State, Venezuela.

For more information on Gold Reserve Inc. and AllPennyStocks.com’s criteria for penny stocks to watch inclusion, click the link below.

You can view the Canadian Stocks to Watch in more detail by going here: http://www.allpennystocks.com/aps_ca/stocks2watch/stocks2watch.asp.

About AllPennyStocks.com Media Inc.:

AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.

AllPennyStocks.com has not received compensation for carrying the other above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.

Contact:

AllPennyStocks.com Media, Inc.

Peter Szafranski - President

Phone: 905-361-5680

E-Mail: peter@allpennystocks.com