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: JS who wrote (19632)	6/22/1999 12:22:00 PM
From: Jim Bishop	Read Replies (2) of 34075

Need to raise $4MM. Atwood report hoped to be in their hands in a week, and news released in a couple of weeks. 20-25% dilution possible to raise $$. BD confirms they are not sitting on a depleted resource. TT on NASD "believe we can satisfy their requirements". GE - excellent relations with Bolivian gov't. SB2 filing - need to look it up as I'm not familiar. TT in Denver tomorrow, meeting with SEC. Paramount application still live, not rejected, no point going to other exchanges while SEC problems exist. They need to process a LOT of material to "average out the nugget effect". Very interesting. I see someday, one mother of an open pit gold mine, but that day, may be many years away.

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