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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Bobby Yellin who wrote (310)6/6/1997 11:11:00 PM
From: Harold W. Davis   of 892
 
It's hard to believe this is the same Peruvian Gold that went to $7.00 on trench results.

At this point is laughable, the stock is trading below cash value. Perhaps we should ask the company to declare a special dividend and take back the cash and put it somewhere where we'll have a possibility of a reasonable return. It's quite obvious to me that PVO does not have an active investor relations program. They are reactive rather than proactive. They answer your questions but that's about it.

PVO should not be trading this low, despite the current market. Even if we get some good news, it's going to be difficult to see this thing trade above $2.00 again. What's needed here is a new approach, lets hope management realizes this sometime soon.

Davis
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