We should look at MINE as a highly speculative play,, and be realistic,, we have Bre-X,, we have a company that had a brush with SEC,, tons of shares,, an unknown quantity,, we have the hype ,, the gold fever,,the stuff movies are made of ,,Incas ,, hidden treasures,, yet we have APEX (SIL:AMEX closed 11 1/4) Who has discovered biggest silver mine not too far from MINE a fact I learned from Mr. Dupis at the American Chamber of Commerce in La PAs.. a conversation I 've had with His Excellency Vice Minister of Mines of Bolivia Sen. Adan Zamora as he told me clearly ,, in a serious tone that the preliminary tests are being done by an independent source and that we should know more in 2 weeks,, statement made by the Bolivian ministry ,,>> When informed of Paravicini's findings by a company representative in Bolivia, Adan Zamora, Bolivia's Vice-Minister of Mining, commented: "Dr. Turner, Golden Eagle's president, and I have met and discussed Golden Eagle's progress in Bolivia. The reserve calculation from Mr. Paravicini's report is fantastic. A million troy ounces would have been considered a huge find for Bolivia, so 6 million ounces is overwhelming.
"We welcome and fully support Golden Eagle's investment in
Bolivia. As the Vice-Minister of Mining I will review Mr. Paravicini's
findings and have them reviewed by Mr. Giovanni Viscarra, a geologist
on whom I rely regarding the Tipuani area." Giovanni Viscarra was the
mine superintendent for Golden Eagle's subsidiary operating in
Cangalli through most of 1996 until he left for health reasons.
Alvaro Riveros, Bolivia's Vice-Minister for Natural Resources,
when reached in Africa at a conference, stated: "Bolivian miners have
known for centuries that the Tipuani Mining District generally, and
the Cangalli area specifically, contain incredible gold resources.
This most recent study of the concessions under Golden Eagle's control now confirms exactly how incredible.
"Bolivia is very proud to have such a substantial gold reserve
within its territory." (Mr. Riveros is a shareholder in Golden Eagle.<<
I also called Guido Pavaracini ,,the geologist,,he was not in ,, still waiting for more from a friend at Italian Embassy and others,, also understand that Dr. Turner is going down to Bolivia again in a week,,
As long as MINE did not issue a false report,, in collusion with the Bolivian government officials,,SEC will not touch it,,
We should watch it,, for those who are in as well as those who are cntemplating to getting in .. thus can go either way,, I rather think ,, on up side having observed recent activities with other stocks with more or less of dubious nature,,,, yes be prudent ,, either way
Good luck to us all .. |
