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

To: Check who wrote (1096)	6/30/2000 10:14:30 AM
From: Enigma	Respond to of 1178

What had the company to lose by waiting? Also why take cash - which means that gains are subject to capital gains tax? They should have insisted on paper or a choice of cash or paper - to give shareholders the option. It's not as if management was negotiating from a position of weakness? Unless it thought that future results from Tulawaka or Muhama were uncertain - highly unlikely IMO. Some people are good at finding the stuff - but poor at exerting leverage. Imagine if Catherine McKinnon (sp?) was at the helm?