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: Bucky Katt who wrote (119)	11/22/1997 12:01:00 PM
From: John Wetterau	Read Replies (2) of 379

William, I imagine that is true (about the gold fund redemptions). Also there was the sudden dumping of 8 million shares awhile back. VGZ is now selling at 1/3 book value; they are proven producers; they have excellent low cost properties ready for development; they are on track to double production in the next three years. They should correct up to book value, a triple, over the next two years even if gold stays at $300. A rally in gold should send them up over .50, a double, in a week. The risk/reward ratio is awfully good.

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