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


To: timbouctou who wrote (1150)7/6/2000 8:57:04 AM
From: Enigma  Read Replies (3) | Respond to of 1178
 
Those in management who arranged this sale at this price will now find their decision re-enforced by comments on the street and elsewhere - to the effect the 'Pangea got $7 - a good price in this environment'. Out of context this sort of comment looks reasonable - but in the context of this company with the properties which had been assembled so skillfully - it seems like a giveaway.



To: timbouctou who wrote (1150)7/6/2000 1:06:26 PM
From: terryswift  Respond to of 1178
 
I agree. It looks bad and it smells bad. Why they accepted this is a mystery to me. Unfortunately, I think its a done deal. I hope we get a competing offer but the odds are long.