Vista Gold (VGZ) Message Board

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Gold/Mining/Energy : Vista Gold (VGZ)

VGZ 1.735

-2.5%

Nov 11 3:59 PM EST

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To: lizard lick who wrote (110)	11/19/1997 9:50:00 AM
From: yard_man	of 379

Disappointed, but I'm going to continue holding. The reason I began looking at gold in the first place was because of its poor performance over such a long period of time. It is a contrarian play for me. This company was small, trading below book, and had a producing mine. The recent write down was annoying, but tolerable. What I still don't like the fact that they hedged 85% of the production from one mine. I wish they were less hedged -- should gold take off, I'd like the maximum bang for the buck. If it goes to 1/8 I may buy some more just as a pure speculation. My shares were purchased mostly @ 7/16. Good luck lizard lick, Barry

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