Peruvian Gold Ltd. PVO Message Board

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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Rolly who wrote (529)	4/8/1998 10:47:00 PM
From: Robert Dydo	of 892

You are making excellent points, however why 0.70? It seems they could buy at any price, I mean lower, as trading had encountered only one retaining wall which were bids from GS. I know the level is representing 1.4 of GBU price but this doesn't make a reason for spending money to keep up to GBU price level? GBU is so thinly traded that it can go 20% up on 20K of shares. I think you are right, they are getting ready for Atkinson and they are buying those who don't like to wait for the result of the fight. I think those who hold are in PVO/GBU camp, accept Bradstone who doesn't sale for obvious reasons. I think that their bid is also a signal that PVO has found good deal and they are standing behind their choice. All those who hold hope for a gold mine and at least return of their investment can find support in us who helped PVO find the property. I think this is the message they are sending. Bradstone can go as far as cash per share which is only 0.88, others, they just want to get out. PVO needs to improve their news releases as this way they can bring comfort to those who don't know which route to take. If they drilled four or five holes with intervals as one from Feb 25, we wouldn't be seeing 0.70 for sure. Regards Robert

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