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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Robert who wrote (506)	11/17/1999 11:15:00 PM
From: Enigma	Read Replies (1) of 1178

We seem to be at cross purposes - of course an annual report is what it is - an annual report - and obviously the stated intention of management is to build a gold mining production company - but no management is going to put in the annual report - "this is an attractive take over prospect"!! And in spite of what you say - it is exactly that - and it's much simpler that you appear to think - a company makes an offer for the issued shares, and if it's high enough the company will be bought. From what I hear the shares of the company are widely held - so a takeover at the right price will succeed. d

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