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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: C Hudson who wrote (3313)5/25/1998 10:19:00 PM
From: Michel Grenier  Read Replies (1) of 34075
 
The report will tell experts if the numbers are valid or not. Anyway, independant surveys will have to be conducted to convince everyone. I am counting on production, in a few months hopefully, to get this baby really going. In fact, for the time being, I count on some controversy and skepticism to keep the majors from making an early offer. Right now, a major could offer $3.00 per share and get everything. Just look at how many shares were sold at under $0.50 last Friday. But, if the big players are cautious enough and wait for production results and independant survey results, and assuming that all results are positive, no shareholder will be stupid enough to sell at anything under a fair price (which should be higher than $3.00 if all results confirm the preliminary findings)
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