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

To: Douglas Lapp who wrote (30628)6/9/2003 9:31:16 AM
From: Jon Matz  Respond to of 34075
 
Douglas,

<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.>

If this is still likely, why are they now tying the future of the 11,000 TPD plant to production from a new mine? I still think that making a multi-million dollar commitment to this new mine is a bad idea, what do you think?

Jon



To: Douglas Lapp who wrote (30628)6/10/2003 9:17:01 AM
From: Jon Matz  Respond to of 34075
 
Started By: Douglas Lapp
Date: Sep 21, 1996 8:09 AM
With potential world class gold deposits and
bargin basement share prices,Golden Eagle is
poised for take off.

Lets share information!

Now, nearly 7 years later, do you still feel the same way? If so, would you please share some information?


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