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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Jimsy who wrote (193)3/25/1999 8:53:00 AM
From: salva  Read Replies (1) of 1178
 
Pangea worth $10.?
I couldn't agree more. The potential is there.
If you read yesterdays post by FP on the geology of the Lake Victoria
Greenstone Belt "tulawaka" property-the recent assay results
were surprisingly much higher quality for the first 40meters than Sutton! If '108' is correct then we are to expect " high values with
high volumes"--much better than Sutton! Therefore the potential for
"tulawaka" is much greater. And... we are not talking yet about the
'other' properties PGD has!
Understand that Tulawaka is the number one priority for them-so
I do expect them to spend more$ on that site to prove reserves.
I think PGD /MDN have really explosive potential to the upside.
My fear is that a Major will try to take them out 'cheaply'
as soon as the initial reserves estimates are released by the
'consulting' company recently hired. I hope not.
rgds
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