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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: Claude Cormier who wrote (6826)6/26/1998 11:14:00 AM
From: Jon Matz  Read Replies (1) of 34075
 
I continue to be amazed at the speculation on whether or not the gold is there and if it is, can it be profitably mined. Since the Dec. 97 8K, we have not had an update regarding the fine gold recovery at the first open pit operation. If the 8K proves accurate we should be anticipating a minimum profit of .26 cents per share the first year of operation IMHO.

This thread generally treats this company as an "Exploration" outfit only and refuses to acknowledge that we are a producing mine. I fully expect that the 8K due out at any moment will confirm this statement, but it's my opinion only. You all can study the release at:

edgar-online.com

Cheers, Jon
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