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

To: jackie who wrote (962)	3/6/1998 7:28:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 34075

>Such actions demonstrate the character of the managers, which is all we have at this point.< An excellent point. We might have a little more than that to pin our hopes on however: (and now, a run on sentence, didn't even realize how bad it was written til I keyed it in) I can believe that in an underdeveloped country like Bolivia, that out in the boondocks, in an area known to be rich with gold, that mining these spots GE has in particular could be cost effective when more modern methods of extraction are finally employed this year. (wow, I suck, I cant write at all! But you get the idea) Maybe the word modern is too generous, digging a big hole and chemically leaching the gold out does sound a little medieval, but better than sifting for the glitter. Can somebody on the thread who is a mining expert perhaps explain the cost efficiencies gained by glory holes, I assume it is a huge difference. As I understand it, they broke even before, so ramping things up and moving in the heavy equipment will surely do the trick. Sure, we are all probably nervous, certainly this is not the kind of thing you sink your whole portfolio into, maybe 5%, which is what I've done. All there is to do now is wait for the report. Til then I suppose we could try to trade some shares, but with the huge bid ask spread, maybe not. No, I guess not. Anybody have an idea about the lack of trading after about 11:30 this morning, it's almost like the few people who trade this one went home early.