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: sightseer88 who wrote (1809)	4/13/1998 10:23:00 PM
From: Michel Grenier	Read Replies (2) of 34075

Hi, I have seen it and I do not like it. I expect a geological report with proven reserves in it and realistic production costs estimates. This is hype and hype, when it works, enhances short term profits while damaging long term potential if anything in it turns out to be unfounded. I call that a bad move. The way I see things, all they need to do is to let the report out, with the proven reserves and realistic expectations for production and net income, and I will stay in. Proven reserves can be small, net income can be small, as long as it remains above zero. Hype or more unexpected delays, I am out. We are now April 13. If there is going to be further delays in the report, nobody can convince me that management is not aware of it by now. For me, the deadline is tomorrow. Any delay announced April 15 or later is a bad sign and would be enough for me to bail out. Michel

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