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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: CIMA who wrote (2983)5/23/1998 2:18:00 AM
From: Savant  Read Replies (1) of 34075
 
Cima, until Claude gets back, I'll take a stab at the answers, he can correct any errors. 1. this is important...Bre-S was "somewhat" loose in this area 2. Yes, it would imply conservatism 3. Guido took what he figured the cubic meters of viable materials would be and then reduced it by 60 to 70 % this would imply conservatism. 3. As Claude pointed out, just to have the gold is not enough. It must be legal to mine it B.it must be cost effective to mine it C.These are as of the time of determination. D. this implies things could change.......Hope this is accurate and helps. Best, S.
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