SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (603)12/14/1997 10:50:00 AM
From: Ironyman  Read Replies (1) | Respond to of 34075
 
CIMA,,,,Based on this news report of Cueva Playa ,,2 grams per ton and production costs of 40% = $ 120. per ton, which in turn will NET 10 million a year for this site alone. 10 million times 15, divided by 176 million should give a stock price over---Opps! Hmnn this must be the wrong Golden Eagle company. Lets see with the 3 other open sites, that would put the stock price as being about ? ( Sam,,,Might have to eat his hat! )
......Funny how no one ever responds to my comment---THIS IS THE LARGEST DEPOSIT IN THE WORLD! ( Even I didn't believe it at first. )
...........................Regards,,,Eric J. Parde