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

To: Douglas Lapp who wrote (933)	3/1/1998 6:39:00 PM
From: Ironyman	Read Replies (1) \| Respond to of 34075

Doug,,,,The actual, actual figure - 172 million. ( I might be wrong and this still could only be half of the site. ) .....Do you or anyone have the names of the original eleven locations? Also what happened with those other sites? Ohh..You forgot to tell Hugh that it will be 2.5 million net per month and that the first profits will be used to increase production. ( More Equipment).

To: Douglas Lapp who wrote (933)	3/2/1998 2:29:00 AM
From: zenin	Read Replies (2) \| Respond to of 34075

Did you guys notice the way the stock closed for the end of the Week / end of Month; w/ last trade @ 0.05 down - 0.02 [28.57%]. BID .0675 - ASK 0.07. Come On -- If that isn't a strong attempt to shake out than i don't know what is. Now - is that what you call mind games ?? .............. I like the timing of these tv programs they are in_sinc with the report's release dates [ now - if i could just see a preview]. I keep thinking 170M ozs is still hard to comprehend [for half the property?], but numbers in this region when release will do exciting things with the companies profile almost immediatley. Of course the next stage is stepping up production and maintaining the overall costs near to $ 170u.s. per Oz as announced. How will these number LOOK when Gold reaches $ 310u.s a oz ?? ............... Did anyone find anything of interest in the results from this release: more.... biz.yahoo.com ............... The company sure have seemed to have done all the base work with making sure that they can cover such production numbers and with improved recovery measures underway after evaluations after from Zambrana : more.... biz.yahoo.com ............... You then have the promise of improved production facilities which are summarized here from previous news items on these production site issues from the open-pit operations : biz.yahoo.com ................ In summary for any new people to the thread who want a starting point for further info on Golden Eagle International see post number # 894: Just click here: Message 3513572 Looks like the company has done the work the right way up to this point and corrected smaller problems quickly, now its all down to the numbers and the future. I speculate a winner - remember IMO. Good trading and here to 1998 Jay

To: Douglas Lapp who wrote (933)	3/3/1998 11:41:00 AM
From: Michel Grenier	Read Replies (1) \| Respond to of 34075

Hi, Douglas. During the last few days, I have taken the time to review most of the messages on this thread from its beginning in 1996. I also reviewed the financial info from the company as well as their press releases. It appears that at several moments in the past year and a half, the company was poised for take off. However, it never happened, despite Guido's report of an extremely large deposit and more than reasonable operating costs. What I do not understand is how the stock could go down as much as it did in the last year with that type of info. If the numbers are true, the fact that the company has no cash is almost irrelevant, since a at least a few majors would be interested in acquiring the property claims. To me, it can only mean one thing: the market does not believe the numbers released so far. Also, one thing to consider is that if reserves are, let us say, a third of what has been estimated so far, this could mean that the cost of extraction per ounce would be thrice as high, making the operation unprofitable. I wish the market has been dead wrong so far, but I cannot be highly confident. What makes me want to bet on Golden Eagle is the very low price, because even a marginally profitable operation would translate into a substantial rate of return. Hopefully, we will get more information soon on reserves estimates and the coming operations. Good luck! Michel