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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Wade who wrote (70)2/28/1997 10:21:00 AM
From: Jidamo   of 1178
 
Wade
Things are starting to look very positive for PGD. I was in touch
with the company and and if the next drill holes from the Atenea
anomoly resemble the two just announced they can easily prove up a
million ounces gold or more plus there are other metals with it. They
also will be drilling the Pucamina anomoly at Victoria, Peru plus
several of the properties in Tanzania, Mali, etc. If any of these other sites produce encouraging results, this stock should fly. Look for lots of announcements on drilling results from this company going forward into spring and early summer.
CIBC Wood Gundy just issued a buy recommendation and I believe they
said Midland Walwyn has one either out or coming.
Thanks
John
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