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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: John D. McClure who wrote (9650)	7/13/1998 1:49:00 PM
From: Roderick Francey	Read Replies (3) of 34075

Re: Major's collective Radar screens One thing you should understand John is that there are a heck of a lot of Juniors out there. Aaaaand given the current price of gold, a lot of these majors are hurting right now with respect to cashflow. Many of these majors are taking losses, forcing them both to close down mines, and to lay off support staff. Who out there has a lot of spare change available for speculation? Not many I suspect. Barrick is probably a good candidate, given the profits they're generating from their hedging strategies.

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