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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: tman11 who wrote (81)12/20/1996 10:17:00 AM
From: Don Plant   of 892
 
Trevor: since I am fairly new to PVO I have to admit that I was really surprised to see the market dump on the stock so badly this AM. I thought the news release was positive.

It seems that the gold is veining throughout the host material and that is why the drilling results are so sporatic. So now they have decided to follow it by tunneling. At least that is how I understand the release. Maybe someone with more engineering knowledge can enlighten me if I'm wrong here.

Also does anyone know fully diluted count on the shares. The number I have is about 10m. Which means according to my math that there is $1.40 in cash for every share out there. At todays prices then the market has only about a .14 value on the Company
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