Golden Eagle Int. (MYNG) Message Board

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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: CYBERKEN who wrote (3084)	5/24/1998 1:43:00 PM
From: Claude Cormier	of 34075

<<No disrespect intended, but you keep making statements that indicate that Guido's "proven" numbers are impossible. >> DOn't think I said impossible... But if they got 6M ounces proven with the limited amount of work they done, it would be a first and this deposit must have very unique configuration. By North American standards, it takes much more to prove up reserves. US mining standards alone say proven must be defined by sampling to depth at each 25 meters from surface. Australian says the same. I don't know what standards Guido is using. <<So you must keep getting the same question: Is he, in your opinion, a fraud or a fool? >> I have bo idea. Maybe he is just too optimistic enthusiastic. Understand me well. I am not saying the gold is not there. I don't know. All I say is that when I compare the exploration info published by MINE on this project with all the other situations I have looked at, MINE and Guido's conclusion at this point looks premature. They probably know more than what they have published. I hope they will tell us soon. Until tell, I think I am right to be prudent.

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