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


To: Jon Matz who wrote (30627)2/24/2003 1:34:11 PM
From: Douglas Lapp  Read Replies (2) | Respond to of 34075
 
"Does anyone have a good explanation for why they keep making huge claims regarding future results based on something that is not even financed?"

Nothing wrong with a forward looking statement Jon, they all do that. If we were to place a bet I would bet that the funding for an 11,000 tpd plant based upon their projected current plant performance will be easy to obtain. The 3500 TPD plant after producing for 3 months or so will afford the Company an opportunity to call Reserves based upon SEC Guide 7, while also generating a profit.
Funding will not be an issue.

Just my take Jon.