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


To: Keith Hodgins who wrote (28705)10/4/2002 7:29:59 PM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 34075
 
Hi Keith,

In regards to the 1000 ton a day, I thought I saw a capacity of 2,500. Couldn't find the link.

But look here. Also dated Oct 3. Too weird.

bnamericas.com

Cueva Playa initial results due mid-Oct. - Bolivia
Thursday, October 03, 2002 12:30 (GMT-0400)
Salt Lake City-based Golden Eagle International (OCTBB: MYNG) has begun processing gold bearing ore at its 1,000t/d Cueva Playa operation in Cangalli, western Bolivia, and expects to report initial results within one or two weeks.

The company continues to adjust and optimize each component of the operation and is evaluating production to determine how to move on to its goal of 11,000t/d production as soon as possible, Golden Eagle said in a statement.

Plant capacity is currently 2,500t/d and it would need to be modified for production to be ramped up to the target rate.

Reserve and grade figures on the 29,947ha Cangalli land package are being kept confidential until the company has sufficient data to comply with Securities & Exchange Commission reporting regulations. Golden Eagle president Terry Turner had previously told BNamericas that preparing a report on the economic viability of the project would be a main priority for the company once production starts.

Golden Eagle also holds exploration concessions on 50,000ha in eastern Bolivia.


BNamericas.com


Does that mean modify the current plant to process 11,000? Was that always the plan or were they going to just build a new one?

and the beat goes on