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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: kidl who wrote (659)1/13/1999 4:51:00 PM
From: D.M.  Read Replies (2) of 892
 

Kaiser says buy Peruvian in hopes of pleasant surprise                    
                                                                          
Peruvian Gold Limited                                                   PVO
Shares issued 14,227,466                                 Jan 12 close $0.48
Wed 13 Jan 99                                                   In the News
John Kaiser, making his recommendations for  1999  in  the  Dec.  11,  1998
Bottom-Fishing  Report,  says  Peruvian  Gold  is  a low-priority buy at 46
cents. Mr. Kaiser recommended  Peruvian  in  December  1997  at  80  cents.
Earlier  buy tips were November 1994 at 77 cents and in December 1995 at 90
cents. With 14.2 million shares, the stock is  trading  considerably  below
its  cash breakup value. The California stock picker says Peruvian would be
a top-priority buy if  he  could  understand  the  intentions  of  takeover
hopeful  Robert  Atkinson who bought controlling interest in late 1997. The
risk is Mr. Atkinson is only after Peruvian's $11-million treasury and that
minority shareholders will not enjoy the benefits of such a transaction. On
the other hand, he adds, there  is  reason  to  believe  Mr.  Atkinson  may
pleasantly surprise everyone.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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