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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: Jenny Pillen who wrote (164)3/4/1997 6:06:00 PM
From: Jarett Kehler   of 892
 
I honestly feel that there are a lot of ticked off investors that got caught last summer. There is going to be considerable resistance around every corner. This will last untill all the old money has been filtered out and all those shakey investors are gone. Take a look at the bid and ask and you'll notice that investors are quiveling about pennies. The sellers need to cover as much of the loss as possible and the buyers know this. Therefore the buyers squeeze out the extra pennies. This last run up has given the opportunity to sell a little more graciously. Think about it... If you backed the stock as a mutual fund manager and bought in at $6.00 and the deal went sour, you just lost a little bit of credibility. I'm sure this thing happens all the time but swelling is slow to go down.

Just my opinion.

I'm personaly hoping this one will come through for the sake of the company.

Does anyone know anything about the new PR firm and what they've been up too??

jk
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