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Gold/Mining/Energy : Pangea Goldfields T.PGD
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To: Enigma who wrote (497)11/17/1999 10:48:00 AM
From: Syncrude  Read Replies (1) of 1178
 
DoubleD,

No, the market was not anticipating the Barrick deal, I think it was expecting a continued speculative rise. Thus the disappointment.

The Barrick purchase has put a sort of "mental price cap" over the shares of PGD.
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