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


To: Douglas Lapp who wrote (674)12/31/1997 5:36:00 PM
From: CIMA  Read Replies (1) | Respond to of 34075
 
Sounds like there's gold in them thar hills but it's gonna be a bit of a bitch ( a lot of work ) to get it happening at scale. Mind you, if each site can net $2.5M per month it won't matter.



To: Douglas Lapp who wrote (674)1/1/1998 12:33:00 PM
From: Ironyman  Respond to of 34075
 
Doug,,, The top paragraph on page three of the 8k says NET revenues of 2.25 to 3 million dollars per month!
....Average of 2.625 x 12 months x 10 years is = 315
...less 18% for co-op and less another 7% for the portion of GEBM not owned and the devided by the 88 million shares which they claim
equals $ 2.73 dollars per share. ( The 18% may or may not have been taken out prio to my figures, however I did need to consider it in my figures somewhere. )
..........Do I have this correct???? Currently at .15 to 2.73 in the next 7.5 months.
--------------------------------------------------------------------------------------------------------------------The numbers above are nothing when compared to what is said on page 5, paragraph 4. Approximately 3 to 9 meters above the bottom of the paleo-canyon, a very abrupt change in conditions occurred.
. Page 7 says something about soft clay bedrock,,,,,This sounds like something from the DD threads,,,
. It is best that we all keep quiet about this,,,I wouldn't want to have another N---Os or IP--F ,,,All that money they wasted!
....I say to GE,,,Please just make it work, So that some day I can shove a DORE bar up a MMs you know what!
..............................................................................................................Conditions for this site are great! Think about it. There is plenty of water, labor, gravity,roads & power! -----Someone needs to spend some time drywashing.