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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Terry Swift who wrote (339)	10/23/1999 12:45:00 PM
From: salva	Read Replies (3) of 1178

Terry-agree with your analysis of Bulyanhulu South ('BS'). But I 'theorize' that Barrick currently might be trying to either buy Ashanti outright or make a deal with the 'buyer' of Ashanti to 'swap' the BS property with something Barrick would be willing to give up elsewhere in the world. Above just and Idea..--AND if possible- do you know or can you find out from your sources if the 'BS' property is swappable,that is, is Ashanti 'allowed' to swap 'BS' with anyone else without the permission of Pangea? Observation: MDN-M the 30% partner of Pangea in Tulawaka did a hi volume day yesterday and 'Dejardains Securities' had about 50% of the buying to themselves alone-bringing the stock up from about $1.30 to 1,50 in the process! Is something brewing? rgds

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