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Gold/Mining/Energy : VENGOLD VENGF this is real -- Ignore unavailable to you. Want to Upgrade?

To: banco$ who wrote (261)	10/8/1999 1:07:00 AM
From: dch	Respond to of 350

Thanks very much for that share. I got in a long time ago and have held and held and was sure it would go to zero (couldn't have come much closer!). Don't know what if anything else management may have in mind or up their sleeve but the do appear to have dodged an enormous bullit by pulling a rabbit out of some hat and/or getting lucky that there has at last been a rebound in POG. I don't track Lihir or know much about it's components beyond Vengold's participation. But what's good for Lihir is apparently good for VENGF. If the purported book value of VENGF really is .70 then it would seem we're at a "safe" level and can reasonably expect some more appreciation as long as POG cooperates and management doesn't make any wrong moves or turn on after burners. All common sense. Just exhaling and having some revival of hope for this one.