SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Douglas Lapp who wrote (21463)2/21/2000 12:17:00 AM
From: Claude Cormier  Read Replies (2) of 34075
 
<<<Where do you see that... The last financials showed a much smaller cumulative number.>
< Do they? >

Well if I remember well from the filing I read in early 99, the company had spent the following from Inception (21 July 1988) up to September 30th 1998:

General & Admin: $5.8 millions
Exploration: $840,000
Depreciation: $152,000

That is not much on exploration to produce those resources/reserves numbers. Usually it is the other way around... more money on exploration and less on admin and GE.



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext