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Gold/Mining/Energy : Vista Gold (VGZ) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (178)4/22/1998 8:15:00 AM
From: yard_man  Respond to of 379
 
Yes, I'm very glad that they have unwound their hedging as well.



To: Richard Mazzarella who wrote (178)4/22/1998 11:56:00 AM
From: John Wetterau  Read Replies (1) | Respond to of 379
 
Paul, let me add my thanks as well. It seems to me that the trading has been very consistent. Stock is being steadily bought at 1/4 but not in amounts that drive up the price. A couple of months ago I sold some at 5/16, the ask price at that time. It was in three different lots, so it wasn't an accident. I agree with Richard that VGZ is way undervalued. It wouldn't surprise me to see the price double almost immediately when the POG gets back up over $330-340. The coming Euro reserves announcement may get the rally started.