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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 (1387)3/25/1998 11:26:00 AM
From: Claude Cormier  Read Replies (1) of 34075
 
<< Metals, I'm confused. I understood from this thread that there are a 1000 assays ready to be released. If that can't prove, or disprove MM oz, I guess that I don't understand anything that's posted here. >>

Richard,

1000 samples is very little. Think about a drill hole that is 100 meter deep and will be assayed at least every meter..that is already 100 samples.

1000 samples can help establish a inferred resource at best, unless they are concentrated in the same small area. In that case they could help prove some ounces.

But I am talking small samples here of a few grams each. If these 1000 samples were spreaded all over the property and weighting a few tons each, then this is a new ball game...and we can get pretty good estimates with that.

So the coming release will tell us a lot more on where they are in the exploration process.

CC
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