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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: ge-believer who wrote (23418)6/17/2001 10:00:13 AM
From: Jon Matz  Read Replies (2) of 34075
 
Wait us out? Are you referring to the royalty or a take over after bankruptcy? If it is the royalty we are discussing it is really a smaller problem than some folks seem to want us to believe. At least that's true if Viscarra can be trusted.

You may not have seen the Cima Fund video in which Viscarra claims that the gold content of Cangalli is amazingly homogenous (he used different words meaning the same thing). Since the royalty area encompasses less than 10% of the claims we now hold, all we have to do is starting mining the other 90%.

Now that is negotiating power! Plus, since there seems to be much more interest in Chaco than any other area of our claims, perhaps we can simply sell it. You never know, we might even get that other 3 million we supposedly need to move some dirt!

Thinking out loud, Jon

PS: Most of what I say on the threads is ignored by the regulars too, so don't feel bad if nobody is engaging you in conversation. (Not that I'm important of course) <G>
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