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

To: CMon who wrote (71)	12/20/1997 6:55:00 PM
From: Michael Bidder	Read Replies (1) \| Respond to of 199

I Agree that the eventual value of the stock is in all likelyhood zero but I am not sure of the timeing.

To: CMon who wrote (71)	12/23/1997 3:00:00 AM
From: Michael Bidder	Respond to of 199

WHEN WILL A LIQUIDATION BE FORCED UPON PGU? The bond holders have been gutted. They lost 100 million since 1995. The bankers are lined up for the same gutting if they don't act quickly. If they act expidiently they may recieve 30 % of their money. If they delay then they will loose 100 % of their investment. Projections from the company about Mt. Todd were inacurate. The companies integrity is in doubt. More losses may be hidden within off book debts.