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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: salva who wrote (284)10/13/1999 8:55:00 PM
From: Terry Swift   of 1178
 
Agree. I bought this as a long term hold. Solid management, great properties, major JV partners that have to do all the heavy lifting, plenty of cash, no debt, low market cap; everything you want in a junior exploration company. I doubt a hostile takeover, before we have any idea of what the other properties hold, would give shareholders a fair value for the company. It could happen, though, in this market environment. Barrick usually gets what they go after, so have to wait and see.

Terry
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