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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: kidl who wrote (787)7/26/2000 3:29:44 AM
From: TheBusDriver  Read Replies (1) of 892
 
You know I am no expert on these mergers and stuff. who gets what and for how much, etc. But I have been reading the news releases and this looks like a very good deal for us PVO shareholders.

We have no way of knowing how much PCC will be worth when it opens on CDNX, this is an IPO in effect and anything could happen. It apprear that PCC is valued at 2.47 for us PVO shareholders. That was the closing price after news started to leak out. I am sure this price is at a considerable discount to what is expect to be a fair market value of the new company. $3++ would not be out of the question and who know from there?

Plus we get to, in effect, keep PVO through the new company (Tumi) that the mining assets will be transfered to. this looks to be a 1 for 1 share deal?

My only concern is what happens to PVO cash kitty? You don't get something for nothing!

Overall this looks like a good deal for us for sure. Very happy. It will be done well in advanced of Christmas also you can bet on that.

you do this long enough and you get lucky every now and then<grin>

wayne
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