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

To: zenin who wrote (836)	2/16/1998 5:22:00 PM
From: CIMA	Read Replies (1) \| Respond to of 34075

Yes, it's George Washington's birthday down there. Something has changed with this most recent release. They announced a $170/oz production cost vs. a $120/oz cost in the December release. General and administration costs usually add up to around $50/oz. I wonder if they are included in the $170? I'll assume not and redo that last calculation: 130M oz. (low) and 130M shares outstanding (high?) = 1 oz of gold for every share = $300/share - $220 production cost = $80/share.