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Gold/Mining/Energy : Pegasus Gold (PGU) hits 52 week low -- Ignore unavailable to you. Want to Upgrade?

To: Harlan Huber who wrote (62)	12/6/1997 4:04:00 PM
From: Eashoa' M'sheekha	Respond to of 199

The Question Has Infact Been Answered A Number Of Times Really. This company is perched on the edge of cliff.It could crawl back or go for the big fall.Very risky stuff.I doubt you will get a clear picture or information before it is too late Harlan,thus making the risk even greater,you being the last to know. Check this post out.Gives you an idea of who may survive and who may not in the long run,which has to be considered right now.I wouldn't be too eager to suggest any companies at this time,but there are some once in a blue moon oportunities if you don't mind a little risk.PGU, I'm afraid,is beyond that " little ' part right now.All IMHO. Message 2892940 Good Luck Folks Taurus

To: Harlan Huber who wrote (62)	12/7/1997 6:49:00 PM
From: Michael Bidder	Read Replies (1) \| Respond to of 199

Harlan, Taurus553 is right. Pegasus, Royal Oak and Echo Bay Mines. These companies have been loosing money for years. If they were bleeding before now they are hemorrhaging. Think of it as an announcement by a pilot of an aircraft in mid ocean; "...we have insufficient fuel to reach the land." To the ignorant all seems well, the plane is still flying. But the fate has been written. -These companies have debt, and environmental liabilities that exceed their assets. Operations are costing them millions of dollars in losses per day. Time is the enemy. Tarus553 you were very correct when you said; "...I doubt you will get a clear picture or information before it is too late Harlan,thus making the risk even greater,you being the last to know." Hidden debt often called offbook debts and unforeseen liabilities that are not readily apparent are not reviled to the common investor until the end. Thus the picture is often much bleeker than at first glance. Caution to investors. All this is IMHO -Michael