Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: CIMA who wrote (1295)	3/22/1998 4:51:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 34075

CIMA, thanks for the information. Even if there isn't many restricted shares, why would they be selling when their ship has finally arrived? I saw a press release last October where a number of assays were taken. Unfortunately the assays were given in gm/yd3. Is that the norm of reporting assay results in the South America? I don't know the density of that rock, but assumed 150 lb/ft3. If that's the case 1 yd3 weighs 2 tons. All the numbers you see should be divided by 2 when considering those assays in terms of weight/ton. Those numbers are low compared to many other company's higher assays, where many companies can't economically mine with the current price of gold. If the gold assayed is truly placer, then maybe it can be economically mined. Any thoughts about MINE's ore and extraction cost? Thanks again.