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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Jimsy who wrote (220)	4/17/1999 8:40:00 PM
From: salva	Read Replies (1) of 1178

Yes Indeed. {{{{as now we could have competition for Pangea takeover from both Barrick and Ashanti.}}} Thats exactly what I suspect will develop. These two, now own about 20 of the ~30million oz of 'estimates known reserves' in Tanzania--so its logical that either or both, who know the geology well will be the first to go after PGD & MDN 's Tulawaka nestegg. Its so close and logical-just a matter of time. No news on drilling to date. Everybody seems to be tight lipped-which suggests to me that something could be cooking! The 145gms/ton was one of the best drill holes. Dont expect many more like that, but the overall results to date on Tulawaka were better than Sutton --first 80 meters!-so I hope and expect the rest to be as good if not better than Suttons! I have no info on latest drilling program--like I said 'very tight lipped'----Should not be long. rgds

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