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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 3:00 PM EDT

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To: Digrdug who wrote (23022)6/4/2001 11:30:56 AM
From: ge-believer   of 34075
 
Did you not post that the grade at Chaco was .8 grams/cubic meter? Based on its dimensions, does this not work out to be the same 6MM ounce reserve that Guido had calculated? Did you not post a worst case recovery cost of $4.00/cubic meter? Does this not represent a profit of $3.00/cubic meter? Does this not work out to a total gross profit of over $100,000,000 for the mesa ALONE? Thank you for your support.
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