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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: bill718 who wrote (47)11/18/1996 5:17:00 PM
From: Robert   of 892
 
If you bought at higher prices (dumb question I suppose) my strategy is to wait until December or possibly January in anticipation of even lower prices. I will then buy some more and thus average down. This means putting in more investment, but at least you don't have to watch it climb its way up a large hill before getting back in the money. I can't imagine that with $15M in cash this company is down and out. It's down, but not out. Robert
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