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


To: ge-believer who wrote (27050)7/14/2002 3:10:16 PM
From: Digrdug  Read Replies (1) | Respond to of 34075
 
"to RESEARCH it first"

Interesting?? It is my understanding that Ron Knittle met with a representative of the Cangalli Cooperative in 1995 at the gold convention at the Radisson in la Paz. He signed up the property, at the end of "the most dangerous public road in the world" and went back to the States to raise the money. Then he got Guido to take 108 samples and declare huge reserves. So GE was committed to this property without any independent research and has hung onto it for years. That is the reason that I believe that it was, and is, a scam.

We had a good Bolivian Geologist advising us and we spent less than $1,000 before eliminating the property. GE have started on the same basis and spent over 15 million dollars, over 6 years, and still have no production or legal reserves. They sound so smart to me!! Keep sending them your money!! ROTFLMAO

More of my opinions