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: john who wrote (13847)	10/5/1998 9:39:00 PM
From: CIMA	Read Replies (3) of 34075

John, a couple of your recent comments have been gnawing at me. First, by the company's own admission, the accounting problems have originated in Bolivia. Rene Vasquez is the President of Golden Eagle Bolivia and owns 13% of that subsidiary (GE owns 84% and Mary Ericson 3%). You are asserting he has committed fraud and/or is responsible for the fact that receipts are missing. Those are serious allegations. Do you have any proof of this? Second, you have brought the fact that the main players in GE are of the Mormon religious faith. What relevance does this have to the business operation? I have good friends who are Mormon and have found them to be honest, hard-working and particularly good at business. Their faith forms the foundation of their being which puts them ahead of many others. Again, by management's own admission, they are not experienced in the mining industry. Perhaps that's why some of the problems have arisen. I don't see where one's religious preference has any effect on the success or failure of the company. If anything, it's an advantage to have the very wealthy Mormon community backing such a project.

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