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

To: Cytotekk who wrote (28357)9/29/2002 11:29:36 PM
From: MilesM  Respond to of 34075
 
Absolutely,

However, it is important to remember that the purpose of this plant is the prove up the resources on the property, and establish that Atwood's plan works, not be profitable.

If they prove that X amount of gold is there (to SEC standard) Atwood's method can get it out of the ground, and it costs them only $ 75 per oz, we are in business.

Then the company can easily secure the funding for the additional plants that would make it profitable.

MM


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