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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: russwinter who wrote (999)	6/1/2000 9:48:00 AM
From: Enigma	Read Replies (2) of 1178

Russ - note what you say about TNX - stock isn't doing much - is it because the geology is highly 'prospective'? You'd think the proximity to Buly would lead to a higher speculative value - the reefs appear to be headed for the SW corner of the play - but it looks that the chances of major continuity are greater on Buly South?? Was anything said I wonder at the MDN meeting I wonder - somehow I doubt it as the drilling at Tulawaka is still no doubt under wraps hopefully to be disclosed at or prior to the PGD meeting next week which I will be attending. With such a slow 'burn rate' you'd think that an extra drill or two could be committed to Tulawaka, and its neighbouring property - especially with the funds pending from the exercise of options, warrants. IMO the action in the stock recently is not speculation on drilling - but on takeover possibilities. The issue of good drilling results will help shore up, and justify, the stock price - and increase it if new zones are discovered or extended.

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