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: ciderapple who wrote (6)10/26/1996 1:05:00 PM
From: Harold W. Davis   of 892
 
Roger,

I have also held this stock for over a year. I held it while it rose to $7.00 and during the decline to where it is today. I'm confident that this company will prove up a resource in excess of one million ounces (Ecuador). The company is very well managed. I heard that the first nine holes missed the target, and this may account for the recent weakness in the stock. I also heard that subsequent holes (9-20) have encountered significant visible gold.

I think PVO has a long way to go. They will release the first 14 holes in about ten days. There is limited downside at these levels as the company currently has in excess of $1.00 of cash per share and other interesting properties in Peru and Labrador. I understand that the company is reviewing another property of merit in South America which could be acquied if it passes due diligence tests.

I would like to hear from other shareholders!!

Davis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext