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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: salva who wrote (192)3/24/1999 11:51:00 PM
From: Jimsy  Read Replies (2) of 1178
 
Barrick took out Sutton for about $500 million, Homestake took out Argentina Gold for $200 million, Barricks offer was around $150 million.

So if Pangeas stuff works out, and we were in the same ball park for takeout, with only 20 million shares, this could be a $10 dollar stock!

Since Pangea is well cashed up at $10 million, we can expect them to ramp up their activities on the Tulawaka to see if they can get it into this kind of ballpark.

Better keep ones peepers open on this, because the who's who of the gold analysts will step into this in seconds because of the connections this company has established with its superb management team.
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