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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: toma who wrote (12206)8/11/1998 7:59:00 PM
From: rjbac  Read Replies (1) of 34075
 
toma,

Are you aware of the size of MINE"S property.(pretty big don't you think). I'm not a geologist but I have invested in "many" gold stocks over the past 20 years even know some key CEO types.... Everyone I talk to concerning this "sampling", laughs at the thought of trying to prove up 6.4 mil. OZ"S with 1000 or even 3000 samples, especially "grab" samples. I have companies with possible 2+ mil. OZ's who have been proving up and verifying for 8 years on properties 1/2 or less the size of MINE's. Hey, you state is it likely; I say no way...You state will it give a better idea; anything helps but we/I want proven reserves not more inferred...please feel free to tell me where my thought process on this has gone astray.

Bac

Bac

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