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Gold/Mining/Energy : Pegasus Gold (PGU) hits 52 week low

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To: John Lacelle who wrote (9)8/1/1997 1:59:00 AM
From: Dale Schwartzenhauer   of 199
 
Thread: where I think PGU turned for the worse was the changeover from entrepreneurial to manager-style management. Those who built the company moved on to Gold Reserve, and those who took over as management had a style akin to maintenance rather than spectacular growth. It may take another management change for this company to really turn around. A stronger gold market wouldn't hurt, of course.

Dale
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