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

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To: Dale Schwartzenhauer who wrote (183)7/2/1998 7:53:00 PM
From: Michael Bidder  Read Replies (1) of 199
 
***News Flash***Keeping the post alive!


Pegasus Gold Reports First Quarter Results
SPOKANE, WA - July 2 /CNW-PRN/ - Pegasus Gold Inc. (PSGQF - OTC B.B.) recorded a net loss of $9.1 million, or $0.22 per share, in the first three months of 1998, compared with a net loss of $15,000, or $0.00 per share, in the same period of 1997. During the first quarter of 1998, total gold production was 65,632 ounces compared to 87,486 ounces the year before. Lower gold production in 1998 resulted from operating only three mines; Florida Canyon, Montana Tunnels, and Diamond Hill, compared to six mines a year earlier.

Link: biz.yahoo.com

Dale any news of Pegaus's sister Company? I'd be interested in anything you could offer.

Regards, Michael Bidder
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