SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: robert J. debry who wrote (1066)3/16/1998 5:12:00 PM
From: zenin  Respond to of 34075
 
Robert,

I have no direct connection with the company and i live in the southern hemisphere.

I own a fair amount of shares in GE and support them for reasons which you can read about yourself; then make a decision on how you which to take what they have placed on the record.

Good trading,

Jay



To: robert J. debry who wrote (1066)3/16/1998 7:13:00 PM
From: CIMA  Read Replies (2) | Respond to of 34075
 
Hello Robert. I too am a small investor who has no connection to GE other than shareholder. I've owned shares for nearly a year but bought in quite heavily ( for me ) during the recent downturn at 5-7 cents. I don't know anyone in the company. I've spoken with Sabrina a couple of times on the phone, Richard Pinto once and Guy Murrell a couple of times as well as part of the DD process. I've never been to Bolivia pero hablo espanol si es necesario. The majority of the info I get is from Edgars and this thread or private E-mail from people I'm getting to know through this thread in cyber-space. I stick with this company because:

- never in my investing lifetime have I come across a stock trading at this price with such a huge price increase potential. If half of what is estimated as a resource is true we can become very rich. The first part of the answer arrives later this week with the release of 1000 assays and a resource estimate. Mr. Metals was talking to an SI contributor named Bill Jackson on another thread about GE. I respect Bill's viewpoints very much. He said 60M probable and 111M inferred is incredible. He added that if this week's report moves some of the reserve into the proven category people will start to believe.

- I like Terry Turner's management style. Since taking over a little more than a year ago you can definitely see a plan. He is very careful to be truthful and doesn't set up false expectations. The plan is methodical and practical in that it is designed to create cashflow in the quickest and most economical way possible and at the same time builds credibility as we go along.

- Speaking of credibility, I like the blessing of the Bolivian government and the presence of former senior people from Barrick and Newmont on the Advisory Board. It covers mineralogy and metallurgy from Newmont and the former CFO from Barrick's South American operations. Guido's reputation as a geologist in South America is high and Zambrana apparently knows what he is doing.

I realize it is speculative but I like the way it is lining up at this point.