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

To: skelly who wrote (883)	2/22/1998 11:21:00 PM
From: zenin	Read Replies (2) \| Respond to of 34075

Well for someone who JUST came across the thread and the company you sure do have a grip on the current situation. -REALLY- ? Golden Eagle does have a lot of potential (-REALLY- ?) and they say they have over 100M in reserves and yet they are trading at .05 cents....-REALLY- ?? I didn't realise that the governments of Bolivia and Indonesia had a lot in common - so please fill me in with common aspects as i am -REALLY- very interested where you see these links between the politically governing bodies of two different countries. ADVISE. I know i Australian casino's have 5 cents slot machines - WHY ?? ---- Oh that's a dig at the GE share price -- gotcha !!!! Well i better sell then, because your 45 second breakdown on this company has convinced me that it not worth risking my money in such a -speculative- mining company that files with the SEC that they have inferred resources over 100M t/oz and which continues to make headway in producing REAL gold and say they do so for around $170 u.s. per-ounce [which is well under industry average costs]. .......... Guess i will just have to place my trust in the company to prove my decision right or wrong, like most companies i invest in i do as much work as i can to find what i feel is worthy investment and let them do their job -- i can do no more than the next person. I am sick of people who post such lame comments almost as much as people who continue to hype stocks with a reckless 'couln't careless attitude's' toward other investor's. IMO - you have the right to post what every you want always exists on any thread, but why waste your time with such crap that does nothing at all to increase the quality of a discussion thread. Good trading, Jay

To: skelly who wrote (883)	2/23/1998 11:44:00 AM
From: Mike McFarland	Respond to of 34075

I agree 4800 acres does not sound like a very large area, however, the volume of earth processed is probably more important than the surface areal coverage of the claim. I used to live in Ely Nevada, and let me tell you, the Ruth copper pit was a monster--the volume of it was just staggering when you stand next to it, and I'll bet it did not cover a terribly large square area. Let's suppose it was a mile across, isn't a square mile 640 acres? I am guessing you can still fit a pretty large pit into 4800 acres. I'll have to get the statistics on Ruth, there is probably no comparison, I seem to remember that it was the largest in North America at one time-- anybody remember off the top of their head?