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


To: GC who wrote (19826)6/28/1999 11:07:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 34075
 
<<< possibly a lot of it.>

Now that is something I like to see . >>

GC, I have no doubt that a structure like Cangalli may have large quantities of gold. Most riverbeds and banks in south America have gold and diamonds.

Am invested in such an alluvial project in SA because the reward can truly be huge. But there, the market cap of the stock is only $4 millions not $30 millions.

The path to glory is always the same. Spend first on proving what you have, then get into production and reap the profits! Not exactly what GE has done over the last 3 years. After more than 80 millions shares newly issued, they spent only $900K on exploration.

I sincerely hope they are heading in the good direction now.