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


To: Jon Matz who wrote (23419)6/17/2001 2:22:53 PM
From: ge-believer  Read Replies (2) | Respond to of 34075
 
Jon, I was referring to any kind of negotiation. In our case, a public deadline would allow anyone TT is now negotiating with to simply stall until that date, confident that the company could not continue to pursue a better deal. I think maybe a date for a status report of the negotiations and current offers would be a better way to go.

You mentioned bankruptcy, which I don't understand. The company has never been farther from bankrptcy in the three years that I have followed it. GE has debt, but it's almost all in friendly hands. Even the Frost Bank loan is secured by the trust, and is current.



To: Jon Matz who wrote (23419)6/17/2001 2:48:24 PM
From: ge-believer  Read Replies (3) | Respond to of 34075
 
Jon, I forgot about the Viscarra video. I haven't seen it. When he and others state that the gold distribution is homogenous, I think that is true compared to other more typical deposits. I suspect that he is saying that it is homogenous insofar as there is a significant amount of gold everywhere. But it's clear from all of the sampling, not to mention the activities of the subsistence miners, that it varies considerably throughout the conglomerate, and even throughout the Tipuani Valley.