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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Shirley Owen who wrote (91)12/28/1996 1:53:00 PM
From: Robert   of 892
 
Shirley, thanks for pointing me to that earlier post. It looks like the last couple of weeks has established consolidation in PVO at around the $1.80-1.90 level. No where left to go now but up, based on the recent trading volumes. Next week might see a $2.20-$2.40 price consolidation. We'll see if the market likes my thoughts. Regards, Robert. PS: I have looked at PFG in the past. The story, as I recall, looked interesting. But I also seem to recall that they had a lot of shares out. Do you think this could be a stall factor for significant appreciation? I'm not trying to be negative, just interested in knowing what you think. I guess the bottom line is how much leverage you think their properties have.
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