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


To: Bradley G. Fraser who wrote (923)2/28/1998 1:27:00 PM
From: Mike McFarland  Respond to of 34075
 
It traded all yesterday bid 6.5 offered
at 7 cents.
I don't think it will be offered at five
cents at the open Monday, seven cents
just like always. If anybody wants to
sell me some at a nickle I'll take it!
I suppose it could be that somebody out
there who is trying to amass a large
position in MINE, has an arrangement to
dump a little one minute before the
close at a nickle, in order to scare up
some more shares for himself Monday at
the open. Any thoughts?

With 100k shares I admit it looks ugly
when a penny down takes a grand away
from me on paper...much less this two
cents nonsense. But it is funny, a
strange calm has come over me regarding
this stock, I am really not very worried.
We know there is gold there, we know it
can be mined with not too much effort,
we know the Bolivian government is very
cooperative, even anxious to work with
Golden Eagle.

You pays your money you takes your
chances. Seven cents doesn't seem too
expensive for this one at all, If I
can get five cents I'll probably
double my position (not that 5 grand
is much by most folks standards...
but it is pretty big for me).

If I could change one thing, it would
be Guido's name, no offense to all
you Guidos out there, but it does
have that stereotypically dishonest
ring to it in this country.