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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: Claude Cormier who wrote (12219)8/12/1998 8:10:00 AM
From: Geita  Read Replies (1) of 34075
 
Dear Claude, Assuming any or all of the following statements are true, is there a possibility the 3rd party will come up with higher figures than Guido? Hav e you ever known this to happen? Would those new figures be accepted by the mining community? -and the overwhelming evidence of geologic continuity, it is my opinion that the portion of the Cangalli claims that I studied, which would have been in any event less than half of the claims under contract, contain an Indicated Resource of 60,771,704 troy ounces of gold and an Inferred Resource of 111,414,800 troy ounces of gold. -Paravicini used between 30% and 40% of the indicated cubic meterage as indicated by topographical data to ensure conservative calculations. -The lowest of the assays obtained was always used instead of the average. Thank you for your opinion. Bill Leahy
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