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: SteveWW who wrote (11555)	7/30/1998 9:03:00 AM
From: Don Rohner	Read Replies (1) of 34075

Mr.Charter: There exists somewhat of a contradiction that maybe you can help us with! In Guido's report there was coarse gold that could be panned out however the majority of the gold was in fine gold (and rock)that wouldn't/couldn't be separated out with a pan. It was an "unknown" quantity until the lab work found it. Any comments? The profitability if all is "kosher" at this point is really hinging on this fine gold. So if I understand the situation; if a geologist(SEE:1991 Golden Eagle report where only about 1gm/ton was found) went down there and panned some gold he would find approx. 1gm/ton or less per ton and would come back with a non-economical conclusion. DR

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