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

To: Harold Lehman who wrote (334)	10/22/1999 9:55:00 AM
From: salva	Read Replies (1) \| Respond to of 1178

First let me say that Terry and I have talked in private and I accept his apology-we should all try to help eachother here without accusing anyone of anything-this will make a good thread (like Argentina Gold thread was before take over!!!) Again Terry lets forget the past and both contribute here what we know and SPECULATE could happen! Horold ( DD and Ari) I can confirm too that I am expecting drill results from Tulawaka next week-(brokers sources) You will all remember that in the last(tulawaka) release there was mention (from memory)that about 900+ m of 2500m drilling program was done to date awaiting results from lab. at an av dept of 150m thats about 6 holes--. And that was some time back--so I expect that they have done more than 6 holes by now maybe even 12+. Now lets all wake up here on this thread-some of you may have even experience in this business (?) --when drilling like this goes on -even in tanzania- if the drill results look good the the naked eye -rumours start -PERIOD. MY SPECULATION is that results may look good and the word gets around- There are several drill projects in the lake victoria area-workers could meet 'by chance'and share info and rumors start--so to see the frenzy buying like someone has said eariler means to me that some exciteing info is expected and so JR buys 136,000 sh!!! Now I want to post again here a post that was made by someone that I am suspect could have been was a professional mining person because of the quality of the post and then relate that info to the results we being told lately in what is now being tagged as the "Tulawaka Area." I have based my core belief that Tulawaka will be as big a find as Sutton if not bigger-because of the fact that Tulawaka surface drill results (50m) are much better than Sutton which I understand had little or no gold mineralization in the first 50 m like PGD has found to date--AND the speculation info offered in the following post! This is the post:------------------------------------------- To: Elmer Anthony who started this subject From: 108 Tuesday, Oct 27 1998 11:03PM ET Reply # of 5 Regarding the recent strength in Pangea, I believe it is a product of the knowledge within the Tanzanian and South African gold mining community of the unusual nature of the result announced for the Tulawaka property in the outer ring Greenstone Gold Belt of Tanzania. There are two regions of the Tanzanian Greenbelt gold area. They are known as the inner and outer rings. The inner ring is known for low tonnages and high contained gold values. The outer ring is known for high tonnages and lowcontained gold values. Tulawaka which is 60%Pangea and 30% Minieries Du Nord is in the outer ring and we can expect high tonnages low contained gold values. However the results so far announced by Pangea for Tulawaka are very high values. It is reasonable to expect high tonnages as well. These results of high gold values for Tulawaka is most unexspected and unusual. This can be compared in a sense to the Bulyanhulu property of Kahama Mining Ltd. Bulyanhulu is an inner ring property with the exspected high values but also with high tonnages. So far an outstanding 7,700,000 ounces has been defined but much more is exspected by the South African metals industry. South African opinion is that Bulyanhulu is three sisters with a common parent. If so Bulyanhulu is three reefs vertical connected by a horizontal enrichment at depth. That would have a major impact on the ounces. Is Tulawaka another Bulyanhulu? Some very informed people believe it is and are buying. A gold rush has started in application for surrounding property to the Tulawaka. Technically speaking the long term Downtrend in stock price has broken upwards on the Pangea. Lots of overhead resistence but it reads a test of the old high over time. Ditto on the Minieries Du Nord MDN on the Montreal Exchange. Since both are moving it is reasonable to attribute to both the same reason for moving. That is because of the similar property they hold in the Tulawaka. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> So please all of you on this thread keep this opinion offerd by '108' in the back of your minds as 'Tulawaka' develops - I think this guy knew what he was talking about. (JMHO) (ps I tried to contact this '108' tru webmistress of Si without success-cause he or she made one post only and dissapeared!!) So I am expecting exciteing results from Tulawaka- we will all find out soon if '108' was right!!! rgds to all