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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 (977)3/10/1998 3:26:00 PM
From: CIMA  Read Replies (2) of 34075
 
In the Feb. 12 press release the $170/oz production cost specifically relates to the Cueva Playa open-pit, not the entire property. We have no idea how many ozs are attributable to Cueva Playa. They hope to have it up and running by April 30 to May 15. But I think I get your point. Cueva Playa could only have ground that contains 100,000 ounces and the rest ( 100M+ ozs ) is fine gold that is spread all over the place in random concentrations that makes it unfeasible to mine. Is that what you mean?
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