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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: CIMA who wrote (9779)7/14/1998 1:23:00 PM
From: Patrick Lauder   of 34075
 
I've invested in a lot of junior gold stocks, and a good friend of mine is a geologist so I've picked up a small thing or two over the years. All this discussion about the drilling being needed or not. I think it was already stated it does not matter how we get to the inside of a deposit, be it by drill holes or deep shafts or along the cliff edges. The important thing is we get samples from the depth of the deposit. Also it was stated if the geology is constant ( as seen from the shaft depths or cliff edges) we can make further assumptions.

We do not know how many major or minor shafts there are. We do not know the make up of the outer edges of the deposit.

Pat

We know there is a long history here. This could mean there are many shafts and pits that were dug.

If I had the choice between shafts or deep holes and drill holes I would take the former anytime.

Let's be careful in our discussion about insisting the property would have to be drilled to come up with numbers like Guido's. According to what little I understand that ain't necessarily so!

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