Just some Facts about Golden Eagle International to start with ma'am!!:
- over 175 million shares out.
- over 11 million in accumulated deficit.
- Recent 10 k: General and administrative $1,195,645, Exploration $174,608, over 4 million of
debt
- virtually no assets of value.
- GE has the rights to a placer gold concession in Bolivia, called Cangalli, at an 18% royalty rate,
which is considered high in mining circles.
- GE issued a news release in 1998 claiming a very large gold resource.
- The SEC filed a complaint of securities fraud against GE and some officers.
- GE then filed an 8k clearly stating that there are no documented gold reserves at Cangalli.
- GE and former officers settled the complaint.
- Terry Turner, the current president, was absolved because he was “reasonable” in trusting a
geologist’s report.
- GE has made various attempts to extract gold and has failed to get any profitable production.
- There has been much discussion about bulk sampling but they have consistently failed to
perform controlled bulk samples to prove up economical gold.
".Ronald Atwood...Donald Hausen....Rick Sandri"
- And all of them together cannot come up with one ounce of proven reserves after more than 5 years?? I believe that they are honest and respected and that is why they have not followed Guido's lead in publishing BS!!.
"You insinuate that the most respected geologist are full of shit...like you...GIVE YOUR HEAD A SHAKE!!!!!!!!"
Nope, I have said that they will not publish any reserve numbers!! Big difference but probably to fine a distinction for a dumb three time divorced loser like you to comprehend!!
"are full of shit...like you"
You see you cannot help yourself with the insults, as evidenced by your first post to me, and I have had a bit of practice myself. So, Jaci, take your Mickey Mouse dress store and your total lack of knowledge about investing or mining and install it in whichever of your orifices you please!
Cheers,
Mr. Mackenzie
ROTFLMAO |
