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


To: Dale Schwartzenhauer who wrote (193)7/10/1998 2:46:00 AM
From: Michael Bidder  Respond to of 199
 
Thanks eom



To: Dale Schwartzenhauer who wrote (193)7/16/1998 5:25:00 AM
From: Michael Bidder  Read Replies (1) | Respond to of 199
 
Dale Royal may interest you soon!

<<<I'm mostly in the junior-junior sector; that means companies trading for less than C$0.20 these days>>>

I expect RYO to join the ranks of the less than $0.20 cent stocks in a few short months. It is very similar to Pegasus in many ways.

1) They have high debt. $300+ million
2) There operations are incapable of servicing this debt.
3) There cash position is almost zero.

quote.yahoo.com

Michael Bidder