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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: SOROS who wrote (2907)5/22/1998 6:01:00 PM
From: Tom Allinder   of 34075
 
SOROS: I completely agree. As per my post on Tokyo Joe's:

Everyone is familiar with the BRE-X fiasco. It would seem to me that companies who find significant amounts of gold would make VERY sure of their estimates before going public with it. BRE-X went to $30+ a share (I believe) on pure speculation. Even for speculation, we may all be fortunate to be in this stock for well under a dollar. Most traders, investors I know began their holidays this morning or last night. What will happen when the full impact of this news is absorbed over the long weekend. I am happy with my patient purchase at a quarter around 2PM. :)

Tom
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