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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: Jon Matz who wrote (1578)3/29/1998 1:26:00 PM
From: rjbac  Read Replies (1) of 34075
 
Guy, IMO i see nothing wrong with anything that you wrote in your response. I do see a problem in HYPER analyzing every word that you might report to us. Please keep us up to date on the company's activities as your time allows.

There is a concern when it comes to financing a penny stock. The words REG S are definitely a killer. It would be of interest to find out the
terms of the latest financing in some detail.

Having worked with and around small companies all my life I know cash flow is the key. Getting the mine up and producing should be priority #1.. This would solve a lot of the problems. This is not to say that I am making light of the pending test results I am not. I just realize how hard it is to run a mining operation. It's not a factory environment. Mother nature is always playing tricks. If the results are not released by May then even I might question Management.

I do not think you need to be a lawyer to be in public relations. I have many friends in that chosen profession and most don't even like lawyers. I don't share their opinions though. They feel Lawyers and consultants tend to slow down business for small companies. Of course
everyone is entitled to their own opinions.

I also know that stock prices are manipulated many ways by many factors. I just hope long term this company has plenty of gold and more important the expertise to bring it to market.

As always these are just MY HUMBLE OPINIONS.

BAC

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