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


To: Richard Mazzarella who wrote (237)7/11/1998 7:47:00 PM
From: yard_man  Read Replies (1) | Respond to of 379
 
>>The leverage with VGZ is enormous while the risk is very
low IMO, at least for the next year. <<

I like the fact they've unwound their hedging also, but why do you say low risk? I began buying at 1/2, bought more at 3/8 and lastly at 3/16. It feels like I have been averaging into an option.

Wanted to own a couple of juniors as a hedge.

Others that you like?