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: Richard Mazzarella who wrote (1365)	3/24/1998 9:33:00 PM
From: CIMA	Read Replies (3) of 34075

I am always reluctant to comment on assays/geology in general because I don't feel qualified. The 60 assays released in October were from peripheral areas not expected to yield much. They were considered mildly positive at the time because of low expectations that were met or exceeded. At no time has anyone expected those numbers to be economic, so it would be impossible to make any conclusions based on them. The bottom line is - we have to wait for this announcement. The expectations are high for this announcement however. Anything less than very positive results will be disappointing. I expect 5-10M ozs proven at a minimum and increases in probable and inferred. GE closed at .165 on 878,200.

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