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Gold/Mining/Energy : Pangea Goldfields T.PGD
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To: M. Walton who wrote (27)1/14/1997 1:55:00 PM
From: Robert   of 1178
 
In a recent press release, Pangea announced that they will have 10 announcements during the first quarter of 1997. In particular, they will state whether their Ontario property will become a producing Mine. While no one can say that PGD will move upwards from current price levels, I am fairly confident that this will happen. One only has to look at the scope of their properties worldwide, and their joint ventures with major Mining companies, to see that this is a high quality junior that is making the transition to a major Mining company. They are not in the buisness of being bought out, and therefore they have a vested interest in maintaining their shareholder base over the long term. I would not be surprised to see significant movements in Pangea over the coming month. Regards, Robert.
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