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


To: Claude Cormier who wrote (21466)2/21/2000 12:31:00 AM
From: Douglas Lapp  Respond to of 34075
 
<That is not much on exploration to produce those resources/reserves numbers. Usually it is the other way around... more money on exploration and less on admin and GE.>
I stand corrected Claude, TT never gave a dollar amount to exploration. Only stated:
TT testified that GE's losses have been experienced
developing the value and understanding the nature of the property. These expenditures have been "investments in the development of the prospect."
These exploration costs have been done by a Bolivian Geologist and crew at Bolivian wages.
Does that not make them true?

Doug




To: Claude Cormier who wrote (21466)2/21/2000 12:35:00 AM
From: Jim Bishop  Read Replies (2) | Respond to of 34075
 
Claude from the last 10QSB I see filed.

From July 21, 1988 (inception) to Sept 30/99

General and administrative: $7,366,367
Exploration: $1,009,817
Depreeciation: $191,457