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


To: CIMA who wrote (1142)3/17/1998 10:06:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 34075
 
CIMA, thanks for the kickstart. That's exactly the kind of information potential investors need to be aware. Promise, but problems, it brings reality, thank you.



To: CIMA who wrote (1142)3/18/1998 12:01:00 AM
From: knight  Read Replies (1) | Respond to of 34075
 
CIMA, firstly, thanks for a balanced post on the merits of MINE. Nice to see a post without the nonsensical hype that does no one any good. I have checked the EDGAR site as you suggested and I have some questions and/or comments:

1) This seems to be a placer type operation. Mr Zambrana reports that the current process looses 50% and indicates that a "new flow sheet" should be available by the end of Jan/98. Was this done?
2) What are the extraction costs per ton of material?
3) What exactly, are the proven reserves? I have heard 100MM oz, is this a fact?
4)What is the cash position of the company at this time?

If you or anyone can answer these questions, I would be very appreciative.