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: steadyasyougo who wrote (30673)	2/27/2003 12:01:52 PM
From: Claude Cormier	Read Replies (1) of 34075

Gerald, There are many types of placers. So that complicates the discussion. I am no expert on placers and not even an expert in mining as I am constantly learning. <I had always heard that companies, big or small, do not like to mess with placer deposits. Proving up resources and reserves is just too difficult.> It does depends on the type of placer. Sure difficult in alluvials from river beds. But why would it be in conglomerates. These can be drilled to collect (mini-bulk) samples and that can be processed instead of assayed. Much more expensive I am sure, but difficult I don't think so. Why sould it be?

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