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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: tickerup who wrote (2801)5/22/1998 3:55:00 PM
From: Claude Cormier  Read Replies (4) of 34075
 
<< I would like to hear from Mr. Claude Cormier! Are you convinced Mr. Cormier? >>

Nope. Can't be with the kind of press release issued today. When a company clearly say.."It is fantastic", It raises a red flag in my head.

The problem I have is that I don't think it is possible to confirm 6M ounces in the proven reserves with such a small number of samples. In this business you don't extrapolate to prove up reserves.

But I'll wait till I read more details on this geological report before concluding. That us if the company makes it available on its website.
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