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Gold/Mining/Energy : Peruvian Gold Ltd. PVO
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To: Walter Kalin who wrote ()3/25/1998 4:59:00 PM
From: Rolly  Read Replies (1) of 892
 
Fellow PVO investors:

I recently visited your chat group and spent some time going over the latest messages. I can see some of you have had some bad feelings about PVO's management and hope that you have since sold your PVO holdings and gone onto other chat sites. I tend to view these chat sights as a very useful tool in obtaining current information which many of us part-time/hobby investors do not have the time nor resources to obtain in a more timely manner.
I had the opportunity of meeting Mr. Henstridge a couple of years ago at an AGM and my immediate impression of this fellow is that he is a man of his word. He is no promoter but a man of action. I have since continued to remain an investor of PVO for the past 2 1/2 years and belive my speculative investment funds continue to remain in the best of hands. Unfortunately, in this industry, things take time and some investors have much shorter term time horizons. I have been accumulating as much stock as possible at these present prices as it is not often you get the opportunity to acquire a resource company with both strong management and strong financial resources at these prices.
Reqarding the recent trading halt, I have a strong hunch that a major acquisition is in the works. Unfortunately the company probably has not finalized the deal and therefore was not in the position to make a formal announcement when their stock was halted by the VSE. Consequently the delay in resuming trading. As for where the share price will go after trade resumes is anybody's guess. However, one thing I'm reasonably certain of is that Mr. Henstidge will certainly catch the attention of analysts in the upcoming year as he tends to focus on properties having the potential for very lucrative returns. So don't sell yourselves short and hit the panic button if you don't get the immediate response you intended or hoped for when the stock resumes trading and sell yourselves short. Given the limited number of shares outstanding and the fact that there is very little free trading shares, the stock is capable of some large movements when the opportunity presents itself.

PS Thank you all for your valuable contributions to this chat site as this is certainly a great way for us individual investors to keep up on the latest developments.
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