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

To: silver bug who wrote (206)	3/29/1999 11:18:00 PM
From: salva	Read Replies (1) \| Respond to of 1178

Not convinced SB. PGD has more properities but MDN may be easier to buy out- 'because' of just that- it has the very rich Tanzania play. For example if another major other than Barrick wants to get into the rich Tulawaka play without "having to buy" PGD- then you just go out and buy up MDN then you just go up to PGD and say "hey PGD I'm your 30 % partner -lets dance"!!! Remember PGD got to get the price up to the $5-7 range to satisfy all those instituitions who hold PGD stock . There not doing a good job right now- just dragging thier feet. (Wonder Why?) If you suscribe to the Investor Digest of Canada you know what I mean. Let me explain: In the March 26 issue(vol 31 # 7) there is a big write up " Afican Gold drives Tan Range Exploration". The whole write up describes "tanzania gold potential" the rich deposits in the Lake Victoria .....etc The Tan Range properities ARE NOT NEAR AS GOOD AS TULAWAKA!!!!! Anyway NEWMONT is already in bed with the best Tan Range properites in Tanzania(just recently). BUT NO MAJOR IS INVOLVED IN TULAWAKA YET!!!!! It wont be long- it will happen soon. Just my 'horse sense' opinion! Rgds