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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Enigma who wrote (1058)6/15/2000 7:48:00 PM
From: Jimsy  Read Replies (2) of 1178
 
The ink isn't even dry on the Franco-Nevado/Goldfields deal, and Goldfields is already talking acquisitions, perhaps with the FN financial warchest in mind, so perhaps a takeover of Pangea might just get a little more interest and move forward in the timetable if there is to be a major consolidation of the bigger companies, and each consolidation strives to maximize its resource/property logistics. If the Pangea properties turn up more low cost gold and that is likely, then their properties alone would give an outsider like the new FN/Goldfields company quite a good entry into the region. One never knows does one. We c...
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