Golden Eagle Int. (MYNG) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cytotekk who wrote (28817)	10/10/2002 3:18:46 PM
From: Claude Cormier	Read Replies (1) of 34075

<What exactly was Behr Dolbear's role after GE got booted to the pink sheets. > They were hired to do some sampling and produce a report on the Cangalli property. The scope of this report was, IMVHO, to confirm the presence of widespread gold and tehrefore potential of the property. IMO, they did confirm the presence gold and the potential to finds something economic. BTW, I sincerely believe that there is a lot of gold in the conglomerates. But the problem is that no mineable reserves have been established so nobody knows where it is and how much of it can be recovered economically. GE will very likely produce some gold, but it will be very hard to forecast how much they will produce and for how long. This makes it very difficult to put a very high value on the stock. However, the main conclusion is that the gold is not evenly distributed and its presence is extremely erratic. There are a number of sweat spots that must be followed on with further exploration.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next