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Gold/Mining/Energy : Valerie Gold (VLG)

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To: Gulo who wrote (110)6/14/1997 3:05:00 PM
From: Steve Johnston   of 195
 
I believe that most Nesbitt client are just plain sick of Valerie, and are moving on to other things. As most of you know, Nesbitt had a $17.00 target on VLG and abruptly dropped this to $7.00. Their "redbook" still has this $7.00 target with a speculative rating of 4, with 5 being the highest rating on a 1 to 5 basis. I am a Nesbitt client and am hanging in there at an average price of $4.00 (ouch). This stock is enormously oversold, and, like every other junior miner, got hammered by Bre-x, Delgratia, Silver Tusk, Cartaway, Timbuktu, Golden Rule, etc. They still have a good shot at discovery/proving up a large, economic, open pit silver find. Regards.
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