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Gold/Mining/Energy : PHILEX GOLD INC (PGI) - TSE.... Trading at under 30% book -- Ignore unavailable to you. Want to Upgrade?


To: Jon Matz who wrote (81)3/18/2002 9:10:44 AM
From: Bruce Robbins  Read Replies (1) | Respond to of 86
 
I think with a 40 million debt and 40 million shares out, it is easy to see that PGI has to overcome that hump before there is any "value". A good question to ask management is how much debt is left and how they are going to overcome it.