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

To: Robert Dydo who wrote (472)	3/27/1998 12:21:00 AM
From: charred	Respond to of 892

Hello Robert: I come up with a different number. To make things easy lets say fully diluted about 50 million shares. Assets: 14.5 million cash Properties 65% of 2.6 million ounces of Au and 10 million ounces of Ag. Again lets make it easy and say 2 million ounces Au equivalent (this includes Ag credits).. 2 million X $50CDN per proven ounce = 100,000,000 Value = $115,000,000 CDN I see the value between $2.00 to $2.50 CDN a share if the projects are proven and the market improves. It seems to be a good deal for the shareholders of both groups. There is much more to look at but it seems positive. The big question is are they going to change the name of the company.