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To: Jeff who wrote (2484)	5/24/1998 4:49:00 PM
From: Alan Markoff	Read Replies (3) of 9440

JEFF; Based on the news release why did the stock only go up to .44 then fall back. Heck if what they claim is true why isnt the Company or people in the know buying the stock? If they were buying the volume would have been much higher. Yes it is old news but the new management issued 45 Million shares in a nine month period last year did you know that. That was a 100% dilution from the Companies previous issued shares, So in effect the stock slid back to .05 because of the dilution. The bottom line is that the news release has no backbone because of the following; Because of the volume of technical data required for transcription, the company will provide a synopsis of the full report for review on Golden Eagle's Web site, www.goldeneagle-mine.com, as soon as management is able. Interested parties are welcome to review Paravicini's first report, (G. Paravicini, Technical Geological Report, April 1997), also available on Golden Eagle's Web site. Well what time frame is soon? I thought the purpose of news releases were to point out facts with backed up material, so why wasn't some detail mentioned on the news release. You would think Paravicini would have his own lab but yet he sent the samples to some lab in London. The London firm should have been on site collecting the samples and doing the assays, the more hands it changes the more chance for foul play. The next step is to prove out the MINE and the only way that will happen is when revenues come in with profits. If MINE hired this guy and over 2300 assays they claim were done they must of paid a ton of money for this report. Why then did MINE not take all the money they wasted on a report and focus on the mining of this vast reserve they claim to have. Results are allot better than projections or calculated guesses.

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