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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Walter Kalin who wrote ()11/1/1996 12:24:00 AM
From: c.r. earle   of 892
 
To everyone following pvo, I spoke with David Hemstridge (ceo) on Wed. As has been expressed already on this thread, they are awaiting results due to be released withing 1wk to 10 days. They will be releasing a total of between 10-17 holes. He readily aknowledged that the market has already "written them off". But I leave you with this little tidbit of info for you fellow believers. At the end of June, shortly after that miserable pull back, I spoke with David Hemstridge about the situation of spec plays and pvo. He mentioned to me that during the pull back, he purchased on the open market an additional 50,000 shares. Well using due diligence I called the VSE to verify, and sure enough everything was just as he had said, although I was informed that the total number of share was "well in excess of 50,000 shares. I was also informed that a number of other insiders had purchased stock during June 96. If that isn't a ringing endorsement, ....... Good Luck to All Jessie
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