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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: Probart who wrote (13593)9/28/1998 8:31:00 PM
From: normy  Read Replies (2) of 34075
 
probart - metals was just copying a post from someone else on the raging bull board, suggesting that what this guy is saying is something to consider...those were not his words. the gentleman that posted that is just starting his own DD...

gold sage is correct...there are plenty of differences between GE and SR to simply way that "if GE doesn't have it, then SR doesn't have it." some of those are geological...

personally, while it doesn't look good, i don't think the 8k was all that negative (at least i'm trying to look at it in a positive light). they are finally admitting that Guido Paravicini's investigation was not complete enough to extrapolate across the entire concession. More work needs to be done to better define the mineral content. Nowhere does the 8k say that Mr Paravicini's report is false in its premise that there is economically extractable ore in GEs Cangalli concession.

"techniques...were insufficient to justify the calculations..." resulting in "inaccurate characterization of the mineralization..."

it very well may be negative, really negative...but, it may simply mean exactly, no more no less, what it says.

toma
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