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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: Gerald L. Kerr who wrote (7228)7/2/1998 1:54:00 PM
From: Patrick Lauder  Read Replies (3) of 34075
 
<On the negative side Borden Putnam (a truly independent person) says "There's not enough data to support this kind of claim and classify it as proven. You would have to spend $10 million to $15 million and drill 5000 to 10,000 holes" >

In my little experience 5,000 to 10,000 holes could prove up the complete 157 million. I think he was not talking about the 6 million or he knows not what he is talking about. I remember reading somewhere Bre-x had drilled 300 holes and proved up 90 million ounces.

Please correct me if I am wrong.

TIA, Pat


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