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: Claude Cormier who wrote (21426)	2/19/2000 6:00:00 PM
From: Douglas Lapp	Read Replies (3) of 34075

I can understand your problem with sampling and i am not qualified to argue those points, i can only rebutt by quoting what other well educated and experienced mining men have said. Dr. Atwood says the only way to prove reserves is to actually produce, any calculation is JUST an estimate. The SEC expert witness "admitted that there was no uniform definition of "resources" or "reserves" even among U.S. government agencies." So i must ask you to lead me to these "U.S. Mining standards," is there a website? Are sampling methods and frequency written in laymans terms? Do they cover deposits that cannot be drill sampled? Regards, Doug

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