SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Peruvian Gold Ltd. PVO
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Taylorm. who wrote (447)3/24/1998 6:28:00 PM
From: Robert Dydo  Read Replies (1) of 892
 
I have a feeling that GBU may have something to do with PVO halt.
Their quest for acquisitions and hiring Goepel Shields & Partners showed that PVO have run of ideas which could alert Bradstone as to the future expenditures of Peruvian. These days $12mln can go very far and without upset, especially when Peruvian properties have very hard time to warrant continuation of further exploration efforts.
I would think that getting together with very promising property holder in some arrangement (merger)could give a new direction to the company. Peruvian has proven that they are very good at managing their cash account, and next logical step is to make money with this what they already have.
Bradstone is putting a pressure, so mgmt hopes the deal ideally would come from people who run PVO at the moment, shutting Atkinson up. No one really thinks that Bradstone would pay anything above what they pay for Peruvian on the market, two much noise for small prize in this takeover scenario, but they could influence the path where $12M could go. I would doubt any exploration effort.
You maybe right if there will be no Peruvian, it could be something better.
Then again this whole writing could be worthless story about connection between two companies being halted at the same time.
Regards
Robert
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News