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


To: Jim Bishop who wrote (19830)6/28/1999 4:11:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 34075
 
<<Say, would you happen to have any comments on SMA.T and this:
>>

Interesting.. I like the people financing this junior. But I don't like the stucture of the deal.. this could mean zillions shares outstanding and eventually a consolidation.

But they seems to have a feasibility in place and need only high copper prices. I suspect they will need US$0.90+ copper to get going.

They will be left with US$2M for working capital and will have the opportunity to explore and find something. This could change the picture.

I would watch for now.