Peruvian Gold Ltd. PVO Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rolly who wrote (536)	4/10/1998 5:31:00 PM
From: Robert Dydo	of 892

Even better than words the results of drilling would make a huge difference. There is two weeks to close the deal they can still drill or already have drilled some holes like one from Feb 25. There are three elements making an exploration company a success. Cash, results and luck. PVO has cash, it seems that Rosia Montana could give them other two. For me, Bradstone offers nothing accept self interest and wants to take away what made this company stand out as a value. I would love to see PVO having less shares, but I look at it also this way. Such a number of shares (62M) will provide PVO with $20M in the course of 1998. At the same time their flexibility to finance through the market at low price will limit the amount of money and dilute company even more. My speculation, knowing above, is that PVO must come out as producer from this deal. They will have to have really high price in the future, cash flow or debt financing to continue operations otherwise. The options are thinning out therefore the speculation becomes more of a calculation. It is true that even with two choices the chances are 50/50 but there is no turning back or wondering what is next. PVO will produce or they go bust. Simple. Bradstone lied about their investment in PVO. If their intentions were to grow with the company they would approve this deal. The investment has nothing to do with percent of ownership. It has to do with appreciation of the initial invested means. Their action has disturbed the market, created fall of the price and panic selling. If anybody had the illusion about their plan, should not be wondering anymore. If they win they will destroy PVO and their shareholders, because as you know they care about their 18% and another 16% of supporters. What about other 66%? Regards Robert

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next