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Gold/Mining/Energy : Peruvian Gold Ltd. PVO -- Ignore unavailable to you. Want to Upgrade?


To: peter matson who wrote (400)12/4/1997 4:32:00 PM
From: Feline  Read Replies (1) | Respond to of 892
 
They would likely buy control positions in ongoing businesses that have a good chance to grow over time. If they do get control, the stock price should do well over time. This is a solid group. I believe that they got control of Trimin when the stock was in the C$2 range. It now trades at C$6. Trimin had no revenue and about C$15 million of cash. I believe the revenue of the combined businesses they bought for Trimin is in the range of $300 million today.