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

To: Michel Grenier who wrote (977)	3/10/1998 3:26:00 PM
From: CIMA	Read Replies (2) \| Respond to of 34075

In the Feb. 12 press release the $170/oz production cost specifically relates to the Cueva Playa open-pit, not the entire property. We have no idea how many ozs are attributable to Cueva Playa. They hope to have it up and running by April 30 to May 15. But I think I get your point. Cueva Playa could only have ground that contains 100,000 ounces and the rest ( 100M+ ozs ) is fine gold that is spread all over the place in random concentrations that makes it unfeasible to mine. Is that what you mean?

To: Michel Grenier who wrote (977)	3/10/1998 8:05:00 PM
From: Douglas Lapp	Read Replies (1) \| Respond to of 34075

Michel, the $170 per oz is the cost for producing at Cueva Playa, certainly not the most mineralized property to date, considering this, along with the size of the property and with concentrations consistent from top to bottom, when you see figures from the most mineralized areas $170 will be high. My views on this company are very different from yours. I see a very big buyout in the near future, I am not in this to make .12 per year and i will be damned excited to see a 100 million plus PROVEN reserve. A super bargain at todays prices.Soon to be driven up. But then again i could be wrong.