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

To: Dale Schwartzenhauer who wrote (91)	1/15/1998 1:48:00 AM
From: Michael Bidder	Read Replies (1) \| Respond to of 199

I can't spell but my math is perfect. For petes sake would someone please read the finacianl statements and analyse them. This thing is not going to rise like the pheonex from the ashs. And yes I agree Montan aTunnels is a valuable asset. 2.5 yrs left at cash cost of $232 (according to PGU). This cash cost is very pruned back. Print the financials and take them to an accountant. It may cost you several hundred dollars but you will save 100% of your money. p.s don't ask me for financial details. The writing is in bold print on the wall. $220 million in debt. 16 million in cash. Daily losses at Florida Cannions. ETC ETC. Over and OUT.