Valerie Gold (VLG) Message Board

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Gold/Mining/Energy : Valerie Gold (VLG)

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To: Bobby Yellin who wrote (131)	9/15/1997 8:30:00 PM
From: Feline	of 195

Bobby, My friend hopes the company won't spend any more $$$ on the Mexican claims which he panned from day one. Big meeting coming in mid-October to review everything. Also, as the exploration $$$'s dry up most sensible companies have already started to get their burn rates unsder control. Not so Valerie as they continue their head office extravagances. Cash is intact at about $17 million. He believes the new board members might bring some sanity to the deal. He actually bought some the other day at $1.34. It's now $1.25 which he says is below its cash per share value. That's how much confidence the market has in this management group. I also read a review of Valerie on a web site called marketman.com a while back. Check the archives. Feline

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