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

To: Ptaskmaster who wrote (480)	11/15/1999 2:09:00 PM
From: Terry Swift	Read Replies (2) \| Respond to of 1178

I don't know how much of a deterrent it will be, but Barrick has definitely signaled its intentions to be a player in any deal for these Tanzanian properties. Notice the press release mentioned Kakindu. I talked to Pangea IR this morning and Kakindu is currently being drilled by Ashanti so it appears that Ashanti is going to try to meet its 10/1/2000 deadlines on this and the Buly-South property. We'll see. Drill results for Imwero and Kakindu are due out by the end of the year as are more results on Golden Ridge and Tulawaka. We should be through the C$5.25 target after these results are out. Terry