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 (399)	11/1/1999 9:58:00 AM
From: timbouctou	Read Replies (2) of 1178

This is good news. Ashanti's deal with it's "gold hedging counterparties" will allow other companies *Anglo, Barrick etc) to focus more on business development (in Tanzania) rather that trying scavenge the good remains of a once thought dying conglomerate. Now I suspect that Lonmin and Ashanti will work hard in the coming month(s?) to consolidate their business relation which will make for a stronger "Ashanti/Lonmin" presence in Tanzania. This is indeed good news for all of us. PGD (along with MDN) should receive more "undivided attention"! I heard that all of MDN professional staff (5 people, Quebec and Montreal offices) would be in Toronto Tuesday and Wednesday of this week. Anybody know the reason? Strategy discussion with PGD? Negotiation? Or just a pre-Christmas shopping vacation in downtown stores? I would lean on the side of strategy discussion for current negotiation and next year's drilling program (my impressions only as I have no info other than the planned presence of MDN people in Toronto).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next