Peruvian Gold Ltd. PVO Message Board

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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: tman11 who wrote (293)	5/30/1997 6:16:00 PM
From: John Fairchild	of 892

Trevor the current cash position is $13.9 million with 13.8 million shares issued (17.9 fully diluted). So currently $1/share in cash. They expect to be drilling the Agua Verde porphyry coppper oxide target and the Perenti epithermal gold target in about 3 weeks. Also the North/Argento JV should be drilling Mont Dor any time now. i talked to Jill at PVO and she did not have an update from them. They are certainly just testing the waters with small drill programes so hopefully this cash will see them through to a discovery. Lara although not world class does have merit. John

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