Golden Eagle Int. (MYNG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jackel who wrote (866)	2/20/1998 8:55:00 AM
From: Michel Grenier	Read Replies (1) of 34075

Hi, everyone I looked at the messages on this thread, went to the company's website and read the geologist's report. Frankly, I do not understand what is going on. First, I do not know how many shares have been issued and how many options are out there so, even with a perfectly accurate valuation of assets, it would be hard to assess a realistic per share value. Second, if the information is solid about a minimum of 60M ounces of gold and about the operation costs, I do not understand why the price is so incredibly low (even if there were 150M shares in circulation and as many options). The whole thing looks like an incredible deal, but the stock does not take off. Before I invest in something like that, I would apreciate if anyone could offer a reasonable explanation for what is going on. Thanks! Michel Grenier

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next