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: wayne who wrote (148)	2/22/1998 5:29:00 AM
From: Dale Schwartzenhauer	Read Replies (1) of 199

That symbol doesn't work for me, as the old TSE price still comes up. It may be that DTN isn't wired for Montreal. As for gold, I'm not so hopeful near term. We appear to be breaking down from a tight wedge formation. Silver, platinum & the XAU have already peaked and broken lower. I think we'll at least test the $279 lows in gold. Normally, the 1st quarter is a seasonal high point for gold & precious metals, and I don't think this time will be any different. That whole scenario doesn't bode well for a company trying to refinance a pile of debt. If I had a profit in PGU, I'd take it while it's available. Best regards, Dale

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