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

To: ubetcha who wrote (30593)2/23/2003 7:38:34 PM
From: Claude Cormier  Read Replies (3) | Respond to of 34075
 
<This is one part that I do not understand. If in two-two 1/2 years they get 10 plants operating, and are pulling earth (ore) from several parts of each location, why does this not in itself prove reserves? >

You can never be sure of what will come next. Given the high variability in grades in these conglomerates, it is likely that production will never be constant.


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