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Gold/Mining/Energy : Pangea Goldfields T.PGD -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (260)	10/6/1999 8:28:00 PM
From: salva	Read Replies (2) \| Respond to of 1178

This post was on the Ashanti thread- and Ashanti being partners with Pangea?????? Will Ashanti survive and have enough $$$$ to buy out Pangea? This is the post: To: TATRADER (193 ) From: robert kalb Wednesday, Oct 6 1999 8:12PM ET Reply # of 194 We now know who the bag holder is going to be and it's the bullion bank. Today's Ashanti work out puts Ashanti's banker on the hook for the dough. Ashanti's style has been crimped for sure, but it's the bullion banks that are stuck. The work out as I understand it will put a lot of pressure on Ashanti to close out its hedges as quickly as possible. What this seems to imply is that the juniors day has arrived. The producers will be looking to expand production and acquire properties to close off the hedges, this makes the unhedged and exploration property golds very valuable to the entire financial system. The juniors are going to explode. Riches, luxury and opulence await the penny gold shareholders. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>