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Gold/Mining/Energy : Pangea Goldfields T.PGD
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To: Jimsy who wrote (1041)6/8/2000 10:14:00 AM
From: Enigma  Read Replies (1) of 1178
 
I think the effect of the financing is to strengthen the company's hand all around - and to bring projects forward faster. Even then, they will be spending $5 million on exploration this year - vs cash in the kitty of $18 million - so we have prudent management - to underline Russwinter's point.
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