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

To: Ironyman who wrote (22611)	1/24/2001 12:52:11 PM
From: Jim Bishop	Respond to of 34075

Thanks Eric, that's more than I care to buy from him...bid support growing at .07 though, picked up some more at .075 just for fun to see if he'd move.....of course he didn't.

To: Ironyman who wrote (22611)	1/24/2001 1:52:46 PM
From: StocksDATsoar	Read Replies (1) \| Respond to of 34075

My GUESS is that ALEX has about two and a half million shares. Chicken feed in my book

To: Ironyman who wrote (22611)	1/24/2001 4:41:20 PM
From: larry hart	Read Replies (1) \| Respond to of 34075

Eric and to all: check this our -- A monthly share report by the MM's - otcbb.com Larry in freezing Miami..

To: Ironyman who wrote (22611)	1/24/2001 11:22:40 PM
From: john	Respond to of 34075

Get ready for more hikes Eric does not look good. Alta regulatory board approves natural gas rate hike of just over 50 per cent CAROL HARRINGTON CALGARY (CP) - ATCO gas customers in Alberta were hit Wednesday with the highest natural gas rate hike in the province's history. The Alberta Energy and Utilities Board approved an interim application from ATCO for an immediate increase of more than 50 per cent until the board holds public hearings on the issue in mid-February. The utility company requested the hike to pay a mounting deficit, which is estimated to be $260 million in a week's time, said ATCO executive vice-president Jerome Engler. "We need to get our new rates in place as quickly as possible to address the deficit that is growing because of the high gas prices," Engler said. The deficit was mounting daily because ATCO was charging rates set last November and the price of natural gas has since significantly jumped. Effective Wednesday, the rate will jump from $5.773 per gigajoule to $8.772 in the north and from $6.496 to $9.814 in the south until Jan. 31, 2002. It is refundable if the board later decides on a lower rate hike. "It is really going to create significant hardship to low income, fixed income and even middle income families," said Jeffrey Jodoin, a regulatory analyst with Consumers Coalition, an Alberta group. "The level of the increase is unprecedented." The board announced it will hold a hearing Feb. 14-15 in Edmonton to review the hikes and to allow intervenor groups to express their concerns, adding the company is not allowed to profit from its gas supply costs. It also said it will also review the way ATCO buys and manages natural gas. ATCO said it will still have to borrow at least half a billion dollars to cover off a proposed amortization plan. City of Calgary officials who sent a written objection of the interim proposal to the energy board Wednesday feel snubbed by the decision. "It appears ATCO has gotten pretty much what it wanted," said Mark Rowe, a senior city regulatory analyst. "The board has decided in ATCO's favour and what we'll have to do is backtrack and do what we can at the hearing." ATCO Gas touched off a firestorm of consumer anger by announcing Friday it wanted to raise its winter rate by 125 per cent to its 810,000 customers to offset skyrocketing costs. On Wednesday, the energy board opted for ATCO's Plan B, a 50 per cent hike over the full year, including the summer when natural gas bills are normally lower. Jodoin said the overall increase in the cost of natural gas over the next year will actually be 134 per cent for Calgary residents and 107 per cent for Edmonton residents. "You could be paying up to $1,000 more than you did last year," Jodoin said. New Democrat leader Raj Pannu called on the Ralph Klein government to cap the cost of natural gas to residential customers at $3 per gigajoule. He said one senior citizen in his constituency whose gas bill has nearly doubled to $230 won't be able to afford Wednesday's hike. "He will probably be paying close to $350 a month," Pannu said. "That will be an absolute disaster because he simply does not have the money to pay this and in my view he is not alone in this." Huge increases in natural gas bills have become common across North America in past months. ATCO employees have been busy fielding thousands of daily phone calls from frustrated customers who want either an explanation for the soaring bills or simply can't pay them. ATCO profits by delivering natural gas - an amount regulated by the Alberta Energy and Utility Board, not by the cost of the gas itself. To help cushion consumers from the price hikes, the Alberta government has announced homeowners will receive a $50 rebate on each gas bill between January and April and two $150 cheques to those who file income taxes. ATCO officials says it is owed $200 million by Albertans who have opted to have their bills averaged over a one-year period so that they pay the same each month - even during the winter when bills have become exorbitant. About 233,000 Albertans - a quarter of ATCO customers - have their gas bills amortized over a one-year period. Some consumer groups are pointing out the irony that people in Alberta, where natural gas is a plentiful resource, will be paying bills twice as high as consumers in Ontario. Most of Ontario's natural gas is from Alberta, but the central Canadian province bought much of its energy last summer when prices were far lower. © The Canadian Press, 2001