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

To: Elizabeth Andrews who wrote (686)	4/26/1999 12:04:00 AM
From: kidl	Read Replies (1) \| Respond to of 892

Lizzy (hope you don't mind) Let's face it, we are all guessing here. Cash means little these days. It's a crap shoot but I refuse not to be part of it. Hello VSE, the biggest casino in the world:-) I like the players. Question is, who will be the greater fool kidl (holding at 17)

To: Elizabeth Andrews who wrote (686)	4/26/1999 12:44:00 AM
From: keith massey	Read Replies (1) \| Respond to of 892

If you want a lesson on how fast cash can disappear take a look at Minorca. MAR had $69 million and no debt last year ($1.80/share in cash). They never sold above $1.30 and were selling below cash right up to the end. Last Oct they merged with McWatters on the basis of 0.555 of MCW for each MAR which worked out to .60/share for MAR. MCW is now at .30 which means a company that was worth $1.80/share one year ago is now worth .16. Best Regards KEITH