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: Brian N L who wrote (587)	12/11/1997 3:43:00 PM
From: CIMA	Read Replies (1) of 34075

I can't see the investment community seeing this release as positive news. The shaft is proving uneconomic, the expected cashflow hasn't met expectations and there are still engineering problems before economic production can begin. You just have to believe that they will do what they say they can do. Obviously, with this gold market and a lot of previous false hopes shareholders are going to take a "show me" approach. If GE can achieve the numbers they talk about in this release sometime next year the stock should really fly.

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