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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: RMF who wrote (11008)7/25/1998 1:31:00 PM
From: the Chief  Read Replies (2) of 34075
 
Hi MICAP. Great diplomacy or whatever, but what do you think the odds are that there is a deposit there that can be proven of more than three million ounces????
I'm talking economical ounces to mine at current gold prices..


Actually I think proving up 3mm+ won't be a problem! I have no reason to doubt that there is probably 6.4mm as advertised. However, the leap to the larger number is too hard for me to make at this point.

The feasability at this point is debateable, however, I would rather be looking at a "placer/alluvial" deposit at the present POG than any other type of deposit, other than bonanza grade veins (Nevada/battle mountain/carlin trend)

In the 8k they said Behre Dolbear was, "retained to act as a consultant to legal counsel", would that make you rush out and buy MINE?

Why do you think "they" are called bulls? Take a thread of news and "spin" it into "total substantiation". Its what we all do at one time or the another. When we believe we'll grab the last remaining straw, or "life jacket" no matter what!!

I don't fall in love with stocks, if it doesn't pass "severe DD" then the stock doesn't pass.... if the circumstances change, then redo the DD...etc.etc.

the Chief
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