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

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To: Scott Crumley who wrote ()12/4/1996 7:26:00 PM
From: MICHEL GUIBERT   of 199
 
A big problem of pegasus is ( I think) the price of gold

revenue 424
cash cost 288
dep&amort 87
other cost 64
total 439
earning (15)

You can consider other cost as royalties
As long price of gold is low ,Pegasus will have problem,as price goes up, they will go up pretty fast because they have good reserves.
Bye Michel
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