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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: mike timoranszky who wrote (487)10/28/1997 8:54:00 PM
From: CIMA  Read Replies (2) of 34075
 
Announcing the day of the biggest total point drop of the DJIA in history and in the midst of a horrible gold market doesn't help. There are a lot of cheap shares out to insiders at around 10 cents. Also, banks and debtors were given cheap stock. Details can be found on their EDGAR filings at their website. Also, there's never been an announcement regarding production cost per ounce as far as I know. All of this could contribute to a lack of upside.
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