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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: TOM who wrote (19789)	6/25/1999 8:06:00 AM
From: Geita	Read Replies (2) \| Respond to of 34075

Dear Tom, Perhaps this is an answer to one of your questions: From Wall Street Journal 8/3/98: Dr. Hausen calls the site an extremely unusual placer deposit. Typically a placer deposit is a thin layer of gold-bearing gravel washed down from a mountain source and laid along a stream. Because such deposits tend to be thin and erratic, most large mining companies won't bother with them. But in this case, says Dr. Hausen, a long-ago cataclysmic event dammed a river and filled a valley with a placer deposit several thousand feet deep, 15 miles long, and over a mile wide. Best regards, Bill Leahy

To: TOM who wrote (19789)	6/25/1999 9:38:00 AM
From: Jon Matz	Read Replies (1) \| Respond to of 34075

Excellent comments! Somewhere in that drainage system of perhaps thousands of square miles of surface is at least a small area of nearly pure gold. It's obvious that all the mountains are not rich with it or someone might have noticed! Actually, I believe it may have been stated on this thread before, that there are likely ten's or even hundreds of thousands of small veins. Perhaps uneconomical individually to pursue, together and with the inexpensive force of erosion can be collected profitably within the drainage system. Cheers, Jon