Pangea Goldfields T.PGD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Pangea Goldfields T.PGD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: salva who wrote (310)	10/19/1999 2:29:00 PM
From: Terry Swift	Read Replies (2) of 1178

salva: You seem to be under the mistaken impression that Pangea wants to be bought out of something. They don't. They want to remain independent and develop their properties; preferably with major producers as JV partners, but they will drill them themselves if they have to. Regarding drill results, that is one of the disadvantages of joint ventures. The controlling party, in this case Barrick, controls the flow of information regarding the property; i.e., drill results. Barrick will give Pangea the results when it suits Barrick to do so. Pangea will release them as soon as it has them. Barrick is not a junior exploration company, as is Pangea. The results of the Golden Ridge drilling project won't affect its stock price by 10 cents. I hope Pangea has a representative on site to keep Barrick honest. I would trust Barrick about as far as I could bat a buffalo with a tennis racket. Barrick does only what is in Barrick's best interests and sometimes that is not releasing drill results when the junior JV partner would like to see them. Terry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next