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Gold/Mining/Energy : Vista Gold (VGZ)
VGZ 1.760-3.8%Nov 14 9:30 AM EST

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To: Bucky Katt who wrote (13)8/16/1997 10:42:00 AM
From: jim watson   of 379
 
I spoke to investor relations yesterday. She said she was frustrated, as we are. They release good news, and the price goes down! IR says the company is 50% hedged this year at a very attractive price, so low gold price will not hurt profitability yet. She says redemptions of precious metals mutual funds are forcing sales of VGZ, and an artificially low price. Wish I could get a bunch at 11/16!
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