Golden Eagle Int. (MYNG) Message Board

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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: Diamond Daze who wrote (4869)	6/12/1998 12:13:00 AM
From: inchingup	Read Replies (2) of 34075

Chris: Hypothtically speaking if I felt that it was going to take 3 to 4 years for MINE to mature to a level of let's say $20/share, I would sell off a portion of my holdings at a $1.00 or so, and hold all my free shares... It doesn't appear that MINE is going anywhere (up) in any great hurry. Based on the so-called "proven" reserves the future value of MINE would at today's prices be only about $1.72/share. (6.000,000 x $25=$150,000,000 divided by 87,000,000/shares = $1.72/share). A bird in hand.... --GARY--

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