Vista Gold (VGZ) Message Board

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Gold/Mining/Energy : Vista Gold (VGZ)

VGZ 1.780

+8.2%

Nov 10 3:59 PM EST

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To: PaulM who wrote (177)	4/21/1998 11:20:00 PM
From: Richard Mazzarella	Read Replies (2) of 379

Paul, thanks for the report. The thing that impresses me about VGZ is that they unwound their hedging were with a little luck and better gold prices, it could really fly. Being listed last on Yahoos 50 metals list can't be fun and having analysis's all giving sell recommendations has to be very discouraging. However, that's the gift if they can pull themselves up by their bootstraps with help of better gold prices. VGZ could become the gold with the greatest multiples of any of them IMO. It surprises me that I see many investors getting into gold's that have hedging which won't do much of anything as gold improves. VGZ is much like the South African miners, most leveraged to POG.

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