Peruvian Gold Ltd. PVO Message Board

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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: L. Penner who wrote (237)	4/21/1997 2:22:00 PM
From: Walter Kalin	of 892

Globe says company has the bucks to cherry pick deals Peruvian Gold Limited PVO Shares issued 10,849,781 Apr 18 close $1.69 Mon 21 Apr 97 In the News The Globe and Mail reports in its Saturday, April 19, edition that Ted Carter, author of Carter's Choice newsletter, only recommends companies with "lots of bucks in the bank" these days, because many juniors will have trouble raising money, especially if Bre-X turns out to be a bust. The Globe's Shirley Won writes in her column At Your Own Risk that Mr Carter says companies will need lots of cash to do the exploration work and come up with results to drive up their stock. He says well financed juniors can also cherry pick some of the companies with little cash and end up with some lucrative joint venture deals. One junior Mr Carter likes is Peruvian Gold Ltd. The company, which has about $14 million in the bank, has a copper prospect in Peru and is going to be drilling in the next week or so, he says. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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