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


To: silver bug who wrote (177)3/24/1999 11:33:00 AM
From: salva  Read Replies (1) | Respond to of 1178
 
SB:
First let me say this: no more offensive remarks please-I'll
forget these for now. I am just trying to help for those interested
in making $ ! I will not reply to those who are offensive.

I cant answer your 5 questions- maybe your broker can!
What I have been saying in this thread and in ARP thread came to
fact this AM!!! "" BARRICKS NEXT MOVE WOULD BE IN TANZANIA ""
Thats exactly what happened!!!

We all know that good little companies like PGD etc dont get thier
just value until there is a takeover bid like on ARP- then it goes.

This industry is saddled with scandles and we will have to work our
way out(besides $gold) with good quality acquisiton/consolodation etc

I happen to believe (from what I know) that the "tulawaka"
property alone will contribute "minimum of 8 million oz AU "
to PGD and MDN.
So if you believe me just make some rough calculations on Tualawaka
and you give whatever value you want to your 5 questions.
Call the PGD people and ask them what is thier # 1 property in the world??
Another reason why mkt does not give good value to PGD (very few
gold stocks for that matter) is that instituitions are holding a ton
of PGD stock at the $5-7 range and would love to see that price again! Tulawaka will give it to them.

The fact is SB that many gold companies have a lot of good interesting
properties like PGD has-- but the stock value only will
ramp up when take over rumours surface.

And I 'll give another "Ashanti" will go after another 'deal'
in Tanzania this year!