Pegasus Gold (PGU) hits 52 week low Message Board

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

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To: Dale Schwartzenhauer who wrote (43)	11/22/1997 5:35:00 PM
From: Gerry Schechter	Read Replies (2) of 199

Dale-I haven't followed this stock for about 7 years, but in looking at leading movers on AMEX I saw where is was trading-Does that fact that the company has sold significant volumes of gold at $400-$470 represent hidden values that are not currently being counted by investors?-It looks like they have a $70,000,000 profit on what they have foward sold, so I'm wondering if this is reflected on their balance sheet-I used to be a broker and have been up to the Montana tunnels on two occasions-realize the property never lived up to what people thought it might do-but thinking about taking a personal position at these prices-Gerry

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