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Gold/Mining/Energy : Pangea Goldfields T.PGD
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To: Check who wrote (1093)6/30/2000 10:03:10 AM
From: Enigma  Read Replies (1) of 1178
 
I hope this offer is rejected by shareholders - but unlikely - why did the company go through all of the hoops of raising the money recently? And actually it begs a lot of questions. I mean, were these negotiations with Barrcik contemplated when the offer was floated? I would have thought at a more astute management could have done twice as well by waiting. I guess it gives Barrick a little pocket money after the deal is closed.
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