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

To: Wade who wrote (1097)	6/30/2000 10:15:55 AM
From: Enigma	Respond to of 1178

EDIT -I agree about rejecting the offer - it will be interesting to see where this trades EDIT: 99,900 bid and offered at $6.80. Going back to the offering. We have to assume there was a 'Chinese Wall' surrounding talks between management and Nesbitts re this offer - while at the same time there was a pp in registration? Or do we assume there was a nod and a wink given to those institutions who just picked up 2 million shares at $4.50 and a tacit understanding that thse 2 million shares would also be delivered to Barrick. This doesn't on the face of it make sense.

To: Wade who wrote (1097)	6/30/2000 10:36:46 AM
From: Enigma	Respond to of 1178

$6.85/$6.90 - 348,000 shares have traded at $6.85. One can only hope there was a Chinese Wall and the pp investors are pissed off too and will reject this offer.