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


To: Brian N L who wrote (20692)10/5/1999 1:13:00 AM
From: Fred C. Dobbs  Respond to of 34075
 
Good question Brian,

Was under the impression a shaft was about $300 an ounce, but open pit could be done at $190 maybe lower. Either way, things are looking better everyday. But we need cash and to get off the pinks.

They better put it in drive and get going. A lot of small companies have been waiting for this increase. Got one a few hundred miles from home that is probably cutting the padlock off the gate right now.



To: Brian N L who wrote (20692)10/5/1999 10:08:00 AM
From: geoffreycs  Read Replies (1) | Respond to of 34075
 
"what the POG would have to reach before GE's shaft mining can become profitable?"

NOBODY has a bloody clue because NOBODY has a bloody clue what the reserves are if ANY!!