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Gold/Mining/Energy : Pangea Goldfields T.PGD
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To: Larry Voyer who wrote (12)10/2/1996 11:16:00 AM
From: Robert   of 1178
 
I think two factors reflected the pull back in Pangea after its $9.45 spike this week. The first was the drop in the price of gold, but more importantly, a number of warrants were excercised in the $5.60 range. Presumably, some were sold into the market, and that softened the price. Watch for a recovery in the mid to high $8's. Regards, Robert.
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