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Gold/Mining/Energy : Metallica (MR T)
MR 5.360-80.8%Nov 13 4:00 PM EST

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To: Claude Cormier who wrote (186)5/20/1999 7:31:00 AM
From: Richard Mazzarella  Read Replies (1) of 263
 
Claude, <<Vista's balance sheet>> I have owned VGZ for awhile. They have cleaned out a lot of debt and hedging. They are well postured for success on improved POG, the stock should rocket on good POG. Hedging companies will wallow for years. AGZ's posture allows them to easily survive for a couple of years at even low POG. I believe the company is well run, a good speculative investment at current prices. Trading on the AMEX provides good liquidity for shareholders. I buy VGZ shares on days of price weakness. If POG remains low for more than a couple of years, a lot more companies than VGZ will have major problems IMO.

PS, I don't know anything about Metallica. What can you tell me about it?
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