Pangea Goldfields T.PGD Message Board

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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Jimsy who wrote (1057)	6/14/2000 9:50:00 AM
From: Enigma	Read Replies (3) of 1178

I now believe that this company should be considered mainly (solely?) as a takeover target - because after it's recent financing it has enough (surplus) cash to buy back a million of its own shares if it wanted to! Possibly more? Drilling results will help - especially at Tulawaka and Muhama - and it is to be hoped that the company steps things up on all fronts - drilling and in 'show and tells', 'dog and pony shows' and the like. Back to the drilling - there is only so much that can be done - logisticaly - without throwing money away. Credibility has to be maintained. So the game is 'takeover'

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