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


To: CIMA who wrote (1340)3/24/1998 7:57:00 AM
From: Michel Grenier  Read Replies (1) | Respond to of 34075
 
Hi. Those 144 are nothing scary, considering the number of shares issued. Now, this is good information, it shows that nobody is jumping off the ship in a hurry.

When I called Sabrina earlier this month, she told me that news on reserve would be released between March 15 and march 31. I figured that it would be at the end of the period rather than the beginning but, still, I find the wait difficult.

Just for fun, I will try my own predictions on the stock price from now until the news get out (early next week hopefully). Closing price will rise every day, but will remain lower than the peak in that day. On Friday, I predict a peak at $0.20, then a close at $0.18. On Monday, depending on the news, who knows? One thing is for sure. If they announce anything above 3M ounces in proven reserves and confirm production plans, anybody who sells below $1.00 is nuts. So, the only prediction I risk is a jump out of the penny stock category if news are anything like that.

Impatient for news, enjoying the moves so far, wishing luck to all
Michel