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: rjbac who wrote (12120)	8/8/1998 6:28:00 PM
From: SteveWW	Read Replies (1) of 34075

rbac I dont think there is a question that gold is there (history has shown that), the question is IS IT ECONOMICAL TO REMOVE. As for your comment "Barrick or Newmont would be a partner by now". For one thing, how do you know that a major is not part of all this with GE. Especially since DB has been brought in as the 3rd party. I am not saying that they are, but if I was a major, until the 3rd party is complete, would I want to stick my neck out like Freeport did at Bre-X. I think not. Until economical viablility is PROVEN then I would stay in the background. As for me, the 157,000,000 + inferred resources is nice but my only concern right now is the 6,000,000 + proven reserves. That is still a world class find. It will all be in the economics. SWW

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