Pegasus Gold (PGU) hits 52 week low Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Bidder who wrote (186)	7/3/1998 6:17:00 PM
From: John Stopforth	Read Replies (1) of 199

Michael Interesting paragraph in their just released quarterly report part of which you posted. As reported earlier, the preliminary work on the POR using current gold prices indicates that the common shareholders of Pegasus Gold Inc. are unlikely to receive any distribution in the reorganization. The preliminary POR proposes to reorganize the operating assets into a new entity. Certain of the Company's creditors, primarily the bank group, would exchange their debt for the majority of the equity in the new company. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next