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


To: nojobjim who wrote (273)11/22/1998 7:20:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 379
 
jg, <<Is the price so low solely on the dilution?>> IMO the issue for VGZ share price is earnings. Also, this isn't a terribly exciting gold play with current reserves. There are lots of other speculations out there that have the potential for 10+MM oz reserves which are currently selling for <$0.10/share. I agree with your assessment of very limited downside for VGZ at current prices (<$0.25).