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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: salva who wrote (266)	10/7/1999 9:29:00 AM
From: Terry Swift	Read Replies (1) of 1178

salva: I think the Golden Ridge project in Tanzania currently being drilled by Barrick could be the big story. It is next to Barrick's properties it purchased when it took over Sutton and there have been rumors that Barrick has been talking to Pangea. It is quite possible the price rise of the past couple months has been due to "leaked" results from that project. The drillers see the cores as they come out of the ground and they're not stupid. Pangea has so many great properties in several countries, any of them could turn in to a major find; its a matter of getting them drilled before we will know the true value of this company. This company has huge upside potential. I hope Ashanti's problems don't hold up the drill programs on Pangea's Tanzania properties because I suspect there is lots of gold on them. Time will tell. Terry

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