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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Robert who wrote (143)2/18/1997 1:13:00 PM
From: Robert   of 892
 
Looks like all of the press releases over the last couple of weeks are not able to stimulate this stock. What we were looking for was an announcement of a new property acquisition or joint venture. Instead, all we have got is a bunch of carry overs that weren't good enough last year to stimulate the market. So far, there is not much indication that these properties will be able to stimulate the share value this year either. It appears to me that their PR company is just shoving out recycled news releases to justify the 2 months retainer from PVO. With the amount of overhang still left in PVO, my conclusion is that there are plenty of good companies out there ( Etruscan, Mar-West, PFG, PGD, CTQ and so on ) that deserve my hard earned capital better than this play. With $15M in the treasury, one would have thought they could come up with something more substantial. Regards, Robert.
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