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


To: Ironyman who wrote (21020)1/2/2000 2:31:00 PM
From: Fred C. Dobbs  Respond to of 34075
 
Okay, I'll bite. But remember, none of this is true. This is my fantasy.

1 The big guys want to talk to us because we now own all of Bolivia.
2 GE has more gold than anyone in the world.
3 We now know that we can recover almost all this gold by just using a finer sieve than the Incas used.

Considering our strong bargaining position, any deal with a major would have to equal $150 to $200 a share.

That other company went to almost $300 on spiked samples. POG's were higher but, our extraction costs are lower. Profit margin should even be higher. What does a shaft cost? $280+ an ounce compared to what for open pit or dredging. How economical can you do it?

The way I see it, someone like Barrick can give me six shares for every one of GE and I'll call it even.

This sure is an epic. Might turn out to be the "Second Greatest Story Ever Told". Or maybe not. Right now I'd be happy just to get a quote on Yahoo.

Have yourself and everyone else a Great New Golden Year.
Take care,
FCDs
Maybe $250 a share.
It's not too early to be drinking is it? Football is on that's gotta be a good excuse.