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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Andre Koluksuz who wrote (96)1/12/1997 11:02:00 PM
From: tman11   of 892
 
Hello Andre, I don't know if the Mutual Funds are still holding on, but, I'm sure they are still holding the warrants which are only exercisable at $6.00...... I would imagine they are in for the long term as there is still a lot of life ($) left in this company.

The company finished a 29 hole drilling program and feel the gold is localized high grade that can only be accurately tested through an adit program. The poor drilling results have had a drastic effect on the share price..... like I said in a previous post if any half decent result is realized from the adit program this stock will jump.

Anybody know why the stock went to $2.35..... any rumours out there?

Regards,

Trev
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