Golden Eagle Int. (MYNG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: john who wrote (2346)	5/9/1998 12:14:00 PM
From: sedahS	Read Replies (2) of 34075

Hi John, Did you take into account what the actual cost of mining the gold is and the percent that the Bolivian government will get. You have to remember that GE might have 100,000,000 troy onces of gold but only a portion may be profitable to mine. Some of the gold they have are under some very big mountains. If GE can mine 10,000 troy onces at $170 and the rest of the gold production costs are $500 or greater, gold will have to be at least $600 or greater before they will be able to mine it profitably. Sorry! I don't mean to sound negative. Just trying to show you that until the report comes out, everything is just pure speculation. I hope for the best for everyone in GE. May your streets be paved with gold. Take Care! sedahS:-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next