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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: bill718 who wrote (69)11/29/1996 4:18:00 PM
From: Robert   of 892
 
I don't think the numbers are impressive in any way. As I understood it, they reported results over just 1m. If they had continuity of those grades at depth, then we sure would have a significant find. However, as far as I can tell, the trading today has been a battle between those wanting out and those thinking that maybe they should be buying in. While that might sound obvious, I think the ambiguity of the news release has confused investors so that those buying in at $1.70 to $1.80 figure they got a deal, while those selling presumably feel that they are lucky to get out without taking a tumble. What a mess. Robert.
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