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

To: Jon Matz who wrote (30295)	1/7/2003 12:02:17 PM
From: steadyasyougo	Respond to of 34075

Jon, I first heard about it from ge-believer in mid December. Hope he can comment further. gerald To:Paul-D who wrote (30151) From: ge-believer Thursday, Dec 19, 2002 5:01 PM View Replies (2) \| Respond to of 30296 Paul, the block-caving operation should start production at 2000 tons/day capacity in a couple of weeks. Capacity can be increased to 3500 tons/day with an investment of $500,000. Hopefully, that money can come from profits. If not, it would likely require about 1% more dilution. It could also come from the exercise of options by TT or ME. Once at 3500 tons, Ron and Giovanni will have to decide on the next step, based on profits, required downtime Etc. I think the full-scale plant was said to require three months to build, less now that the underground work has been done.