V.PVM - Pacific Vangold Mines Message Board

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Gold/Mining/Energy : V.PVM - Pacific Vangold Mines

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To: J.C. who wrote (195)	3/9/1999 12:34:00 AM
From: Intrepid1	of 198

J.C., PVM has just seen four and half years of hard work go down the toilet when AVMIN pulled out of Uganda after drilling only 4 tiny holes in an area the size of Vancouver Island. Avmin had planned to spend US $7 million US instead they spent only $1 million and pulled out. Avmin has been financially battered by historically low copper prices and the weak gold price. It probably is not easy to stake and maintain such vast mineral concessions in a third world country. PVM and two minority concerns once again control 100% of these properties and PVM is most likely to give it another shot. There is no excuse for PVM not returning your calls but right now what can they tell you? etc.

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