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: Douglas Lapp who wrote (519)	11/13/1997 3:42:00 PM
From: Ironyman	Read Replies (1) of 34075

I went to stock school today! . . Market makers must cover their naked shorts within ten days. They may buy or RENT shares from your own trusted broker!( They can and ofen do rent our very own shares to use against us.) As a note they must sell at least 100 shares at the ask price, should the offer be made. We could 100 share them to death, when the stock is $ 7.00 -earily next year! . The only way to squeeze them would be to order our certificates immediately after a good run up. Because of the large number of shares which exist . My major broker charges $ 15.00 to issue a cert and Golden Eagles charges another $ 15.00 for their part. ( A good sign that Golden Eagle intends to be around is that they indeed do issue certs., whereas many companys do not. ). The bad news is that you can not issue certs from an IRA without the IRS seeing it as a TAX problem! ( Thats quite a few shares which I can't touch! ) . With consideration to the current price,,,If the chicken MMs haven't already bought back---They deserve to be plucked! ......Greenspan said that the low price of gold is an indicator of low inflation----Guess he hasn't been to the market! ( Stupid is as stupid does---I hope he is only full of talk! )

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