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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: AriKirA who wrote (274)10/10/1999 1:57:00 PM
From: Terry Swift   of 1178
 
AK:

I expect some outstanding results from Golden Ridge. Hope they get them out next week, but Barrick is calling the shots here so one can never tell.

Last week, after PGD took a $.38 hit in a few hours after the Ashanti mess was disclosed, my broker told me a big buyer was sitting on the bid at $3.50. That continued all week and then we had the Friday rally from $.10 down to $.20 up so someone is definitely buying. I would guess on the anticipation of good news vis a' vis the drill results.

Terry
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