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

To: John Wetterau who wrote (120)11/22/1997 7:29:00 PM
From: yard_man  Read Replies (1) | Respond to of 379
 
Hope you guys are right. I'm in at 7/16 and 1/2. Thought I was getting a good deal until the write down and especially the news about the hedging of production. The write down I could take, but the hedging gave me some heartburn. I'm not sure if it really was the prudent thing to do. What's your opinion on that?



To: John Wetterau who wrote (120)11/23/1997 8:38:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 379
 
JW-- This stock came down like a rock, which of course was a direct response to the fund dump. I think, that if gold starts to move up, IE the Asian "flu", vgz will see a buck again real soon.
I like to buy the shortsighted investors loss, and in this case, it was really, really overdone.
And, as to the question of mine development, they can alway's do a J/V. IE, no $$ out of pocket.


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