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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Terry Swift who wrote (432)11/4/1999 4:46:00 PM
From: salva  Read Replies (3) of 1178
 
AS GOOD AS SUTTONS BULYANHULU FIND-- I BELIEVE!

Am trying to find Suttons old web site--no longer exists.

But remember this:

SUTTON:

*Bought by Barrick for US$ 535 million.

*Proven and probable(all categories)-at purchase time 6.6 million oz Gold.

* Vein vertical (chiminy type) ----1.1 km long to a depth of 300m+ and average of 11.45g/t.

*Cost of mining vein and entire project US$ 165.00/oz.

PANGEA.

*Vein is horizantal----1.0 km long and still open/deep and ONLY 100 m DEEP with an average of 17.71 g/t

*Cost of Processing this vein UNDER US$ 60/80 oz (my opinion) half cost of Sutton!

THIS IS AN OPEN PIT TYPE DISCOVERY! HALF THE COST AND MUCH RICHER THAN SUTTON(BULYANHULU)!!!!

Am I dreaming or what here? Timboucto where are you?

I believe that Pangea do not need to build a US 280 million mine like Barrick is doing now--Pangea is only 30km from Barrick and Ashanti and can make a deal to process with either of them-- OR BE BOUGHT BY THEM!

LETS MAKE A DEAL!!!!!!!!

GREAT NEWS!
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