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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: Money Maker (MM) who wrote (1660)4/2/1998 5:29:00 PM
From: windwalker  Read Replies (1) of 34075
 
Good post. I for one upon reflection am glad to see the delay in reporting. The known facts are that MINE is cash starved, wants to open new mines, and wants to reduce recovery costs.

A possible scenerio is that management taking a good hard look at the report, decided it wasn't enough to do what they need to happen. The stock needs to go up, and more than just a simple four or five bagger.

What is the minimum proven resources needed to ensure a more credible company and listing, and enough that serious money for development would come into play? Was me I'd get a hold of Guido and tell him what I wanted, get a time line on it and add a couple of weeks for security. Sometimes dispite an opportunity, you just don't get a second chance. I for one would not be willing to risk it all on a so-so report.

WW
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