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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: john who wrote (12719)9/1/1998 5:48:00 PM
From: the Chief  Read Replies (1) of 34075
 
Hi John. This is where it enters the "twilight zone"!..............

Try 2 to 3 million for third party, help me Chief if my $$$$$$$ amounts are out of wack, I think not.

2 to 3mm is out of whack IMHO. This is where the difficulty comes in. How do you varify multiple grab samples? Do you grab again? If so, if you get diddly-squat in 50% of the grabs, does that mean that the original samples were bad? Or does it mean you happen to grab where there was no gold? and..the original grabs were actually accurate. During the verification does the "third party" adopt Guido's philosophy on the inferred/indicated or do they only worry about the "proven". If only there to prove the "proven" what happens if the grabs don't jive??? As we have said many times before, geologist see things like "weather men" one geologists dust bowl is another geologists prospective-world class property!!!

How much will it all cost??????? I would be surprised if it reached 500K, but at "any cost" will an engineering company be willing to sign the "bottom line" hmmmmmmmmmm!

So many questions.....so few answers!

the Chief
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