Peruvian Gold Ltd. PVO Message Board

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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: kidl who wrote (560)	6/6/1998 4:23:00 AM
From: Robert Dydo	of 892

Kidl, I called Bradstone's involvement a disaster for few reasons. Firstly I didn't think that would help company in their operations, that they had particular interest in PVO's money which may or not be used for other than exploration efforts. They have blocked important transaction for PVO which many didn't like and probably large number was looking forward to. Since than representation of Bradstone is proposed to take a part in board of PVO, one may think that some sort of agreement is in place than again strength of the Bradstone ownership is dictating this alone perhaps. Frankly judging by their success with stopping the merger I don't believe there is a particular chance to avoid Bradstone presence in the board and as a consequence their heavy weight influence on PVO's future. Assessing this I have decided since PVO is one of the fewer investments out there with cash per share well above current price of the share, stick around for the conclusion of this situation. My acceptance of going along with the proverb "you can't beat them, you better join them" may be in result positive, although I can't find at this time any factual matter to support my position. The money is still there therefore in general the company has not lost its attractive features. If the drilling of properties can bring interesting assays I don't think that even Bradstone would have something against efforts to examine those targets further. The fact that drilling hasn't started could be again the sign that things are on hold till GM and these are workings of Bradstone in action. Who knows? In couple of weeks we will know where PVO is going, I hope in the right direction. Regards Robert

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