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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: Ironyman who wrote (564)12/5/1997 12:46:00 PM
From: CIMA  Read Replies (1) of 34075
 
Eric, I feel the same about your posts as Brian, which I've indicated to you earlier. First, in the market (IMHO), there is no loyalty. Loyalty requires a two-way street, and in too many cases management doesn't put the shareholders first. I think " caveat emptor " would be a more accurate portrayal. Second, much of the BS (your term, not mine) has originated from your posts. You make assumptions and predictions that are not based in fact. None of us have been given enough info by the company to forecast properly. I have no problem with assumptions or predictions, in fact they are often fun and help keep a PMA, but they should (IMO) be presented as such, not fact. I will give you an example. A couple of posts back you estimated production costs per ounce at $195. I disagree. The tailings could possibly come out at that cost but the deep shaft costs (IMO) should be substantially higher. And third, how do charts indicate that an announcement is pending? We all know two more sites have to be in production by year-end. It stands to reason there'll be an announcement confirming that fact is now reality. Overall, don't get me wrong. You are a positive force on this thread. As I said before, I wish the PR outfit was as gung-ho as you. You're on top of the news and Edgar filings and usually are the first to bring it to our attention. But take it easy on us fellow shareholders, we all want the same thing...

PS: I agree with you on the POG being linked inversely to the dollar, but I can't say when the dollar will fall. Maybe when the U.S. economy weakens or corporate profits drop? Either could happen relatively soon with the currency devaluations occuring internationally. U.S. goods are getting a lot more expensive for many people.
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