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

To: Richard Mazzarella who wrote (190)	5/13/1998 12:43:00 AM
From: PaulM	Respond to of 379

Richard, am not asleep, just too bust preaching doom on the Gold Price Monitor thread!. Mr. McGregor intimimated as much (i.e. about a profitable quarter) when I last spoke to him. He's an excellent source if you ever have a question. Your observation about PE is dead on. Forget about an undervalued resource stock--this stock is a value just on a short term projected earnings basis.

To: Richard Mazzarella who wrote (190)	5/13/1998 11:17:00 AM
From: Jay Anderson	Read Replies (1) \| Respond to of 379

I really like the higher production figures but looking more closely at the overall figures I have some questions. They made something like $9 million from their hedging program of which $4.4 million is applied to this quarter. Does this mean that without the hedging gain they would have lost $0.02 a share? Is their some write off of good will and other non repeating expenses this quarter? What I really want to know is can we expect more than one good quarter going forward at the same depressed gold price?