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: knight who wrote (1161)3/18/1998 7:19:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 34075
 
Mr Knight,

NOTHING is in the proven category as of yet. The 60,771,000 troy ounces are an Indicated Resource and the 111,414,800 troy ounces are an Inferred Resource. So at this point, nothing is in the proven category.

Mr Metals



To: knight who wrote (1161)3/18/1998 7:29:00 AM
From: Mr Metals  Read Replies (2) | Respond to of 34075
 
Hi Mr Knight,

Indicated --
Quantity and grade, and/or quality, are
computed from information similar to that
used for Measured Resources, but the sites
for inspection, sampling, and measurement
are farther apart or are otherwise less
adequately spaced. The degree of
assurance, although lower that for
Measured Resources, is high enough to
assume geologic continuity between points
of observation.

Inferred --
Estimates are based on geologic evidence
and assumed continuity in which there is
less confidence that for Measured or
Indicated Resources. Inferred resources
may or may not be supported by samples
or measurements but the inference must
be supported by reasonable geo-scientific
data.

Reserve.

A Reserve is that part of the Resource that
meets minimum physical and chemical
criteria related to the specified mining and
production practices, including those for
grade, quality, thickness, depth; and can be
reasonably assumed to be economically
and legally extracted or produced at the
time of the determination. The feasibility of
the specified mining and production
practices must have been demonstrated or
can be reasonably assumed on the basis of
tests and measurements.

Proven Reserve --
That part of a Measured Resource that
satisfies the conditions to be classified as a
Reserve.

Mr Metals



To: knight who wrote (1161)3/18/1998 11:08:00 AM
From: Ironyman  Read Replies (1) | Respond to of 34075
 
Knight,,,,,If you go way far back.....Somewhere you will see that they purchased a drill.......At the ONE meeting which I was involved, Terry Turner said that they were having the drill refitted or reworked......
........Mention the word drill and see what happens?
............................................................................................................
Metals,,,Is your nose brown yet? 3:40 is the most important thing you
need to watch...Manipulation is the key!
.............................................................................................................
Keep those eight sided dice a rolling! Eight, Eight, Eight , Eight!!!!!
............................................................................................................
Just for fun,,,We have two Howard's working for us.....Just rough it out and hide......( Hyde )
............................................................................................................
Wouldn't you like to have been a fly on the wall at Frost Bank?.
.............................................................................................................
Bobby,,,,Have you ever looked at a chart from Arequipa?
.............................................................................................................
If Sabrina says nothing this week.......( ROFL!!! ).......You older eagles know what I mean......Sorry Doll,,,,I does what I does,,,Just Because!



To: knight who wrote (1161)3/20/1998 3:04:00 PM
From: brent hyatt  Read Replies (2) | Respond to of 34075
 
To All,
Quite a time back, I read some SEC filings on this company, and correct me if I'm wrong, but this used to be a fly by night finance company that was on the verge of bankruptcy before the "big gold find". It was ran by a husband and wife team and was forever in trouble with nonfiling of required SEC reports. I haven't kept up with recent doings, but one thing I have learned is that above ALL other considerations, management integrity must be pristine. I'm afraid this smacks of a con game along the same lines of International Precious Metals or other small time scams. Good Luck