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

To: d:oug who wrote (23567)	7/13/2001 12:07:13 PM
From: Digrdug	Read Replies (2) \| Respond to of 34075

Ah Ha, the "paid shorter" theory reappears. Then he says, as fact not opinion . "Since the price of gold will go above $290 soon, as in before the end of this year, and thats just for starters with over $300 to follow and possible numbers depending on how stable you believe world economies are at present and short term to crash paper currency that has been over printed causing inflation big time, then a $500 is possible, which is not to say that the price using a Gata'ism cause & effect to take it to $2,000." I can tell that he is another gold bug nut case! If the POG did go to $500.00 then GE might be able to make a profit at Cangalli, despite the considerable problems. I believe it will stay under $300 for years. 'Bottom line, this company is stable enough at present to continue "as is", doing nothing except pee'ing off investors for atleast another 5 years." With 5 million in debt and G&A running over a million a year I find it hard to believe that they will find enough money to continue. But on never knows the power of zealotory! Maybe you folks will fund them because I have pissed you off. I can't possibly imagine any "Short" would be the least bit interested in this POS unless it was to have another significant spike in price. It is really funny to me how my experience and knowledge are totally discounted by a bunch of zealots that just can't believe the possibility that this company will never succeed! The 6 million plan proves to me that they are at best incompetent! I am done with Bolivia and the mining business. So maybe the management should pull their fingers out and "move some dirt", just like I said three years, and over three million dollars ago.

To: d:oug who wrote (23567)	7/17/2001 12:29:48 AM
From: JEB	Read Replies (1) \| Respond to of 34075

AG's massive interest rate hikes last year sucked a lot of the excess cash generated for y2k back into the treasury vault. Unfortunately, he over did it a bit (his outdated models and economic formulae suffered him to be blind for a while leaving our economy rudderless, at that time). We are not in an inflationary period. We are not moving into an inflationary period. Gold will see spikes at times but will travel down with the rest of the economy (or at the very least, sideways). In a recession or depression, nothing goes up long term. Only short term spikes.