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

To: Sawdusty who wrote (28330)	9/29/2002 11:36:10 AM
From: MilesM	Read Replies (2) \| Respond to of 34075

"My point was, that nothing has prevented the stock from appreciating when there was good news, unfortunately, there has been precious little of it over the last few years." This result is from the fact that people still think of BRE-X when they think of Gold in far away places. Anything short of actual proof scares them away. This coupled with someone crying wolf for 4-5 years non-stop is probably enough to convince people it's not worth the risk. The advantage to this is that when GE does produce, and proves the method does work, and there is gold, and verifies their estimates, the stock will probably climb overnight. Something like closing at 0.50 and opening at 3.00 (just speculation here) The bad thing is that stocks that run hard and fast can fall just as hard and fast, there is no support base built. Oh well, if I'm right, you can buy me a beer. If I'm wrong, I'll buy you water (can't afford beer at US dollars :) Have a good one. Miles