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

To: Richard Mazzarella who wrote (194)5/13/1998 2:20:00 PM
From: Jay Anderson  Read Replies (1) | Respond to of 379
 
I like the shares at this price and expect share value to increase with the POG. When they say it costs $207 per ounce I believe that amount just refers to the actual mining costs and doesn't take into account the administrative costs associated with the company. This would explain the discrepancy you refer to. I just wondered if hedging gains are included in the net profit or not.


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