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 (30727)	6/16/2003 1:56:08 PM
From: Jon Matz	Read Replies (2) of 34075

Gerald, Douglas Lapp won't answer and it appears that nobody else will either. Hopefully you didn't die. Would you please offer an answer to my question? To Douglas who wrote: "<If we were to place a bet I would bet that the funding for an 11,000 tpd plant based upon their projected current plant performance will be easy to obtain. The 3500 TPD plant after producing for 3 months or so will afford the Company an opportunity to call Reserves based upon SEC Guide 7, while also generating a profit. Funding will not be an issue.>" If this is still likely, why are they now tying the future of the 11,000 TPD plant to production from a new mine? I still think that making a multi-million dollar commitment to this new mine is a bad idea, what do you think? Jon

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