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

To: Claude Cormier who wrote (30598)	2/23/2003 8:01:15 PM
From: jimthebody	Read Replies (1) \| Respond to of 34075

Claude...ya know Doug Lapp is right. You are an old dinosaur. This is not hardrock.!!!!!!!!!!!!!

To: Claude Cormier who wrote (30598)	2/23/2003 9:00:47 PM
From: ubetcha	Read Replies (1) \| Respond to of 34075

Claude, I agree with that as in the business I am in we do a lot of drilling. So we just drill 50 holes, or 100 holes, and pull samples every 2 feet. We then conclude that based on all these samples that we have X % x volume of gold in the claim! (Taking what I do to gold) Well, when we drill the next hole, everything changes. So why is drilling all these hole to prove reserves better than actually doing it in mining? You have said that (if I am not mis-quoting you) that proven "drilled" reserves is more valuable than mined earth. This does not compute. "Given the high variability in grades in these conglomerates" I would think that you could say this of any mine. So you pull a sample from one place, but 5 feet away it could be better or worse. This happens in all mining that there are "sweet spots, and lower grade areas." This is just the way things are. If you are a farmer do you always get exactly 48.5 bushels to the acre? If not----Why not! They all had the same moisture, and are the "same" soil. Sorry, still confused. Terry

To: Claude Cormier who wrote (30598)	2/24/2003 12:04:44 AM
From: d:oug	Read Replies (2) \| Respond to of 34075

Dumb & Dumber (versus) Sense & Sensibility . Message from Claude Cormier To: Twinkle Toes "You can never be sure of what will come next." . Claude, . First: Finally i learned what TT stands for (Twinkle Toes :o) Second: You are doing what Digrdug could+would+should of done on this thread, and Raging Bull's GE board years ago, if he wanted to have both sides of a speculative/gamble/unknowned mining company be discussed so that a balance of facts & hope & wishing & cluelessness & plain old fashion "what if(s)" exist. . But in my view Digr had an agenda based on the destruction of GE, while you have what we all here have, to make money. . For sure your replies have been quite different now that Digr's voice has been removed via his postings here, in that if Digr never posted, that you would have been, and still be a silent observer, and for sure would have no need to post even now with the changes in price of gold and GE's activity. You might look back at this later and see that you have spent time now posting here for the "Digr Dumped" effect, and wish you spent the time elsewhere. . My opinion, bottom line for GE is the price of gold, as that will determine its share price to be x10 or x100 what it is now using the dot-com bubble example, while if the price of gold remained at current $350 and never going above $400 will keep GE's share price under $1 forever unless it does that Bre-X 4Real :o) . So Claude, If price of gold goes over US$1,000.00 (one thousand dollars) and GE has in print(hype, etc) its huge dirt piles, then its an x10...x100... for sure, yes? doug