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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: Michel Grenier who wrote (956)3/6/1998 4:07:00 AM
From: Ironyman  Read Replies (1) of 34075
 
Mike,,,With a P/E of 15 and around 130 million shares, that would put the value at around 3.00 +/- . Of course until there is a cash flow, we're just milking the bull.
......You are very correct that they could never process that kind of volume our lifetime. However the plan is to purchase more equipment and expand into one of the worlds largest operations!
.....Wall Street will open their eyes one of these days,,,,Then ,,, Look Out Baby!
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Joe,,,Laugh at this....Today the we had a coil rig doing an acid job on an injection well. I asked the acid companys' Rep. what molarity was the HF and HCl?
He said 15% ! That's 15% diluted down from whatever the chemical company sends them. ( Such precision! )
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