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Gold/Mining/Energy : Pegasus Gold (PGU) hits 52 week low
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To: Michael Bidder who wrote (127)1/27/1998 1:32:00 AM
From: Dale Schwartzenhauer  Read Replies (1) of 199
 
Symbol PGUG should be active on the CDN tomorrow. I continue to hear of people that think this is some kind of bargain, despite my urgings that money invested here is money wasted. They only see the former company in all its glory, not the reality. Instead of doing a chapter 11, they might just as well have done a chapter 7 liquidation. The former is just a pipe dream while the latter is reality.

Dale
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