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


To: Paul-D who wrote (22304)10/12/2000 4:21:17 PM
From: Douglas Lapp  Read Replies (1) | Respond to of 34075
 
"As a result of these new acquisitions, Golden Eagle now owns 100% of four mining concessions, free of any royalty, totaling 69,046 acres, and has under a 25-year renewable contract 4,952 acres."

I do not read it the same way you do Paul.I believe the new concessions are 100% free and the renewable contract for the original 4,952 acres remains the same 18% royalty.