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To: Jim Bishop who wrote (85411)	5/30/2001 4:57:31 AM
From: bbgold	Respond to of 150070

Hi Jim, Thanks for the analogy and the insight. You are right, putting the dollars in the bank from a trade is what counts. That is what has been frustrating for me the last month, no trades. I just do not want to get over anxious to try and make up for missing the month by jumping in at what may be the top. Now I am back to the work routine and that makes it hard to watch the markets also, blind most of the day. The iron sure has been hot lately with a lot of the BBs and I guess that I am being a little too cautious to not be the one who leaves the iron laying on my shirt too long and losing it. That's the biggest problem for me with BBs, no stop loss. Being blind to the trades during the day Really makes it risky, no input, no level 2, no volume, etc. Just coming home from lunch and taking a toll on what has happened. Keep up the GREAT posts and departing your words of wisdom! Eventually they will sink into the minds of some of us Thick headed traders <GG>. Thanks Jim, bbgold :^)

To: Jim Bishop who wrote (85411)	5/30/2001 7:11:25 AM
From: ChrisJP	Read Replies (1) \| Respond to of 150070

A great strategy Jim, the problem is that "instinct" that tells you that you are on a hot streak. And just as important, when to reduce the size of your bets and go back to just watching. You either have it or you don't. IMO, Ms. Blackjack's instincts in that regard go off the scale. Pretty amazing. Definitely a trait I respect and wish I had more of. Then there's my wife .. the kind of person who can go to a shopping mall on Christmas Eve ... and ALWAYS finds a front row parking space. Sadly she doesn't like to gamble or "invest". Then again, she doesn't need to, lol. With the stock market at least we have technical indicators like stochastics to tell us when to bet big. Right now, they are hinting to start reducing the size of those bets. Chris

To: Jim Bishop who wrote (85411)	5/30/2001 9:28:52 AM
From: larry hart	Respond to of 150070

Golden Eagle International Announces That Mine Preparations Move Forward Golden Eagle Announces the Hiring of a Prominent Bolivian Geologist as Mine Superintendent and Completion of Topographical Mapping as Company Enters Final Phase of Environmental Permitting SALT LAKE CITY--(BUSINESS WIRE)--May 30, 2001-- Golden Eagle International Inc. (OTC BB: MYNG) Wednesday announced that its operating subsidiary in Bolivia, Golden Eagle Bolivia Mining, S.A., has hired Giovani Viscarra, Ph.D., a Bolivian geologist and recognized expert in the geology of the Tipuani Gold Mining District, as its mine superintendent for the company's Chaco operation. Viscarra wrote his dissertation on the gold deposits in the Tipuani Gold Mining District, and has advised mining companies, mining cooperatives and the Bolivian Ministry of Mines, on issues bearing on the Tipuani/Cangalli area for the past 18 years. In addition, Viscarra was Golden Eagle's mine superintendent for a year in 1996 before dedicating his full time to his own consulting firm. Viscarra opened the initial mine adit in the Chaco area of Golden Eagle's Bolivian properties in October of 2000. Also, on May 20, 2001, Viscarra completed, together with the company's consulting engineering firm, COPROFI, S.R.L., a month-long geological review and mapping of the contact between the Paleozoic shale and Tertiary conglomerate in the Chaco mine site as part of the company's ongoing preparation for further interior mine development. Ronald Atwood, Ph.D., former chief metallurgist for Newmont Gold and Golden Eagle's vice president for development, stated, ``Giovani Viscarra has a wealth of knowledge, both practical and academic, regarding the gold bearing conglomerate material in the Tipuani Gold Mining District. ``His experience comes from years of hands-on geological field work, and actual mine consulting and construction. Dr. Viscarra will add invaluable insights into Golden Eagle's mining operations at its Chaco site.'' In addition, Golden Eagle announced today that its consulting engineering firm, COPROFI, S.R.L., has completed detailed topographical mapping of the Chaco mine site, including the subsidence areas that will be impacted by block caving operations, the recovery plant site, and the tailings impoundment. This final topographical mapping permits the company's consulting engineers to enter into the final phase of the environmental permitting process with the Bolivian Ministry of Mines. Golden Eagle expects that the primary environmental permit for mining the Chaco area of the company's properties will be granted by July 2001. Golden Eagle International Inc. is a gold exploration and mining company located in Salt Lake City. The company is currently focusing its efforts on developing its mining rights in the Tipuani Gold Mining District in Bolivia. For more information about the company, call Sabrina Martinez at 801/619-9320. Media inquiries should also be directed to Martinez. Golden Eagle can also be found at its Web site: www.geii.com, where management recommends that all shareholders and prospective shareholders review its annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and current reports on Form 8-K. Forward-Looking Statements and Disclosure of Risk The future conduct of Golden Eagle's business and its response to issues raised by third parties are dependent upon a number of factors, and there can be no assurance that Golden Eagle will be able to conduct its operations as contemplated. Certain statements contained in this release using the terms ``may'', ``expects to,'' and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond Golden Eagle's ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. These risks include, but are not limited to, the risks described in the above press release; those risks set out in Golden Eagle's disclosure documents and its annual, quarterly and current reports; and the other risks associated with start-up mineral exploration operations with insufficient liquidity, negative working capital, and no historical profitability. Golden Eagle disclaims any obligation to update any forward-looking statement made herein. -------------------------------------------------------------------------------- Contact: Golden Eagle International Inc., Salt Lake City Sabrina Martinez, 801/619-9320