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Gold/Mining/Energy : Vista Gold (VGZ) -- Ignore unavailable to you. Want to Upgrade?

To: Shammymoo who wrote (111)	11/19/1997 7:37:00 AM
From: PaulM	Respond to of 379

Some are understandably unhappy about the company's hedging its future gold production. Seems like selling out at the bottom to me. But you are right, its a bargain at these levels. When the price of gold goes up, it won't matter what the junior's have done to themselves. They'll explode. Even just on the strength of speculative, non-producing propeties. This one's been aroung a long time (as Granges and Hycroft) and won't disappear tomorrow. I have a huge (for me) GTC limit our on this one. If this thing gos at 1/8, I'll end up with a ton. (May end up having to file with SEC!!? .....not quite

To: Shammymoo who wrote (111)	11/19/1997 2:34:00 PM
From: Charger	Read Replies (1) \| Respond to of 379

Shammy - just a heads up here. VGZ has no money to process, per their own news release, they need $20 mill, dont know where it is coming from, "anticipate" it by maybe 1st Q 1998, production in 1999, only .05 oz gold per ton, therefore I dont see how they can process for $155 an oz, especially with leeching which is what they state they use. Also their news release states they are legally protected from any "forward looking" statements, thereby throwing out the validity of 30,000 ounce production annually. I think it could be a long time before this stock takes off, imho. They issued over 89 million shares. biz.yahoo.com