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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: Mark Bartlett who wrote (2928)5/22/1998 8:17:00 PM
From: Richard Mazzarella  Read Replies (4) of 34075
 
Mark, be very careful of this one. They never posted the average grade on the press release. However, they wheedle word themselves out of SEC trouble by sending the reader to: goldeneagle-mine.com . Notice that the average grade in that write-up is 1.499 g/m3. That is approximately 0.02 OPT which IMO borders on uneconomical with POG at $300. Maybe Claude will speak to this point. Until the company posts the proven grade, it's all speculation. As Claude suggests, the PR leaves knowledgeable goldbugs doubtful. Time will tell, but caution. Does anyone know why the PR wasn't picked up by Yahoo?
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