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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (199)3/3/1998 9:24:00 AM
From: Baba 2  Respond to of 285
 
Richard,

.

.20 cents a share x approx. 8 million shares is 1.6 million C$ market cap (1.2 million US.). Your right, this could be an outstanding opportunity......................



To: Richard Mazzarella who wrote (199)3/3/1998 10:57:00 PM
From: virginijus poshkus  Read Replies (1) | Respond to of 285
 
Richard , i would not say extremely undervalued. if we get a good pop sell decisions will have to be made. as you said, funding junior exploration companies is not the order of the day. my guess is that before you know it we will see a turn around in the gold market. it will strike overnight, the best juniors will double quickly. right now is time to start picking up value plays for the move.

vargas