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

To: Syncrude who wrote (521)	11/20/1999 1:58:00 PM
From: AriKirA	Read Replies (2) \| Respond to of 1178

Maybe the funds will be used for an aggressive drilling program allowing the company to accelerate phases I & II provided for under the exploration program ... The sooner the results come out, the sooner the potential of the property will be known, which results in a higher valuation of the property and in turn the company. I really do think that there is something happening behind the scenes. Remember the JR buying a few weeks ago that I kept on posting... Now that we know that there was a PP in favor of Barrick, who do you think was accumulating? As timbouctou put it, they can accumulate an additional million shares without having to declare their interest. With the 1.2 million shares to be issued pursuant to the exercise of the warrants, that puts Barrick in the driver's seat. Potvin is very experienced and I am convinced that he has an ace up his sleeve. FYI I sold all my shares during the last run up but will be buying back in due time... Kind Regards AK