Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lightning who wrote (81)	1/7/1998 4:57:00 AM
From: Michael Bidder	Respond to of 199

Echo Bay, Royal Oak, PGU ....BANKRUPTCY It takes the market time to realise the situation. But the three of these companys are on their way to the list of delisted. Even if Gold shot to the moon these companies are doomed. PGU is lossing millions every month. How long can an aircraft fly without fuel? How long can a company mine gold for a loss?

To: Lightning who wrote (81)	1/7/1998 5:01:00 AM
From: Michael Bidder	Respond to of 199

BANKRUPTCY LOOMES (who's next) .oo cents/share biz.yahoo.com

To: Lightning who wrote (81)	1/7/1998 5:06:00 AM
From: Michael Bidder	Read Replies (1) \| Respond to of 199

Highlights on ECO The Lupin mine is being placed on ''care and maintenance'' to maintain the integrity of the mine and enable it to reopen when gold prices improve. Approximately 500 employees are affected. The underground mine is located 56 miles south of the Arctic Circle. It is the northernmost gold mine in the world outside of Russia. Annual care and maintenance costs are anticipated to be about $3 million. Don't be fooled this will not reopen. Three million a year spent in the hope gold goes balistic....and stays there!