Pangea Goldfields T.PGD Message Board

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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Terry Swift who wrote (16)	10/19/1996 11:18:00 PM
From: John Fairchild	of 1178

I agree Terry, almost all companies are suffering this phenomenon. The highly speculative stocks have been hit the worst I believe. In general I think that people with cash are just waiting to see how low things will go before jumping in at the bargin prices. People that have to sell something to make a purchase in general won't get fair value for what they sell so they hold. I think that we need a big success story anywhere to stir the market. Anyone know how the drilling is going in Peru? I've done two day trades following channel and grab sample news releases and have made profits. Hoping to get in long soon but will wait until drill results from Peru. They have lots of active properties and JV's and all but the Peru property is what I think has the most potential. Looks excellent (another Perina). John.

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