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

To: ge-believer who wrote (29219)	10/23/2002 12:18:10 PM
From: american dreamer	Read Replies (4) \| Respond to of 34075

GE - I am not dreaming. I am simply reading.. something any intelligent person would do before investing. Have you bothered to read the company's filings? Let me refer you to them and a couple of simple statements. Simply put, if the company itself admits to being inexperienced at this type of mining, who are you to contradict them? Are you saying you know more than the company and Abbott himself? sec.gov Our operations are subject to significant risks and uncertainties. In making any investment decision regarding our common stock, any shareholder or potential investor, should carefully consider the following highly significant factors, and the other factors described in this annual report. The risks associated with an investment in our stock include, but are not limited to: . volatility of commodity prices; . volatility of our stock prices and the lack of an established market for our securities; . the environmental risks associated with mining activities; the lack of proven mineral reserves as defined by Industry Guide 7 of the SEC Regulations; . the risks and difficulties associated with international operations in general, and operations in South America, in particular; the concentration of our assets in a single area in Bolivia (although we have diversified our land holdings through our Precambrian acquisition); . the significant dependence on management and management's relative inexperience with certain aspects of the type of block-caving and other underground mining operations contemplated in our business, mining and processing plan; and . the "cooperative risk factor" as described above. AND THIS The Company had significant working capital and stockholders' deficits as of December 31, 2001 and has incurred substantial losses since its inception. The Company presently has no substantial product or producing properties and requires significant additional financing to satisfy its outstanding obligations and commence operations. In addition, the Company's ability to conduct future operations remains subject to other risks, including inexperienced management in the type of block-caving and high-volume mining planned, operations in isolated regions of Bolivia, and the concentration of efforts in a single undeveloped area.