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

To: Michael Bidder who wrote (173)6/16/1998 11:58:00 PM
From: Dale Schwartzenhauer  Respond to of 199
 
Michael: never been a big follower of RYO or a fan of Peggy Witte. I've been getting into a private placement on BDE at C$0.18 (has a 2-yr warrant @ $0.20 with a 4-mo hold). It closed today at C$0.25. Has 2 gold properties in the Midas Camp of Nevada and a potentially large (1-3 bill ton) copper porphyry in Chile; about 6 mill shares o/s and no debt! It was $2.50 at the 1996 highs and recently at all-time lows. A nice looking web page at "www.bluedesert.com"

Dale



To: Michael Bidder who wrote (173)6/26/1998 12:14:00 AM
From: Dale Schwartzenhauer  Read Replies (2) | Respond to of 199
 
Michael: I hear that PGU is coming out of chapter 11 by the end of July, and have been making selective acquisitions. This doesn't sound like a company on its last leg. Any Comments?

Dale


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