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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: C Hudson who wrote (16789)2/28/1999 2:34:00 PM
From: JS  Read Replies (1) of 34075
 
I personally know of 3 people who invested heavily in Bre-X. Two of which got out before the crash and made very good money. I never found out about the third, who got in early with 5,000 shares at 11 cents!!!!! I certainly hope he sold too.

I don't expect the same run up in MYNG, even if they do have all of this gold. 1)Scepticism will follow this story all the way up. Everytime we reach a new plateau, the ghost of Bre-X will be there. 2)The present gold price also prevents a outburst of gold fever. Of course, all of this could change if the equities markets crash and gold takes off.

I believe and have always believed from day 1, that this puppy was the real thing. If MYNG gets off the pinks and the SEC off of its back (which we're on the way to doing), then we're going to resume the long, slow, steady road up--to where, is difficult to say but we'll be leaving the cents category within a few months.

Regards,
Joe
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