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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: jabber who wrote (173)3/7/1997 11:36:00 PM
From: John Barendrecht   of 892
 
Western Investor had Ted Carter of Carter's Choice newsletter on tonight. He spoke about Peruvian Gold's copper play. Said if the grade was 1% at 500 mil tons, you would look at $14 to 15 at 2 cents in ground but if it is easily recoverable (which it looks like) then at 5 cents it could be $30.00 or better. This could be a world class mine. The surface grade was 2.3%. Later this month, they should be drilling. This is the only way to determine grade. If grade is 0.1%, you would have one huge anomaly - that is the speculation. A free plug for Ted, he has a great newsletter and explains it better in there and also updates this situation as it is a focus stock for him. Check the newsletter out at stocklogic.com . Disclaimer: I am not associated with Carter but do hold this stock.
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