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

To: Robert Dydo who wrote (528)	4/8/1998 9:29:00 PM
From: Rolly	Read Replies (2) \| Respond to of 892

Here's some of my thoughts. 1) Perhaps Goepel and Sheilds are buying for the principal investors of GBU. This would serve two purposes: One it would take out those disgruntled PVO shareholders that would would no doubt axe the deal if it were put to vote.(This assumes that those PVO shareholders not wanting to sell at these prices are in support of the deal which could be a dangerous assumption but it may be worth a gamble in their minds). Secondly it would allow them to increase their share holdings in a company that is already tightly held at very affordable prices assuming the deal is going to happen. If the deal doesn't go through, then all they have paid is the cash price of the shares which is even a lesser price than Mr. Atkinson paid for his shares (and probably a lot less than a lot of us paid for our shares). I wish that I would have held out this long before buying into PVO; at these prices its though to go too far wrong, or is it? 2)Perhaps they are buying for investment purposes on the basis of the potential value of GBU's properties. However, there is still a chance that the GBU/PVO merger deal could derail, in which case would it not be a safer bet to acquire the GBU shares rather than PVO shares as they are effectively now trading at equivalent prices assuming a 1.4 exchange ratio. So my bet is that they l trying to acquire enough shares in hopes of defending an attack by Mr. Atkinson and his supporters although this would be futile should a vote of 75% of PVO shareholders be required at the special meeting. Like I said earlier, it seems you can't read or trust anyone's intentions anymore. So who really knows what Goepel and Sheilds are up to. Maybe a call to PVO's head office will shed some information on this and give us PVO shareholders some comfort that their intentions are at least friendly. But why bother, as it seems all action taken so far has been friendly and look where the share price is now. (as you can tell by my tone I'm starting to get a little discouraged by all these turning of events)