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: zenin who wrote (683)	1/2/1998 11:45:00 AM
From: Bradley G. Fraser	Read Replies (1) of 34075

I have read the recent 8k from stem to stern (as I have the others) and some salient points raised their nasty heads. 1.) Yes there is some gold dusted through-out the area. 2.) The rolling stock that GE currently has on site will not be capable of viable exploitation. More capital required. 3.) The Geoligist admits that it is difficult to ascertain grades with known methods of sampling. 4.) Bolivia may be considered "third world" through North American eyes but there remains environmental considerations when it comes to leeching. 5.) I have yet to see anywhere if the Co-operative is on side. 6.) GE continues to mortgage their future with share dilution. 7.) This is hardly a full time occupation for the "big names" they have been throwing around in their press releases and 8k's. 8.) Blah, blah, blah. I believe it's still a wondeful gamble (and I stress GAMBLE) if shares are picked up in the .11› to .16› US range. And that's where I got in late December.

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