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

To: KipferlMeister who wrote (1391)	3/25/1998 10:01:00 AM
From: putz88	Read Replies (1) \| Respond to of 34075

at this price and at this point almost any proven reserves release should be good news and bring the stock price up.the next major hurdle will be to actually get some consistent production (and income) to prove they can or will succeed.

To: KipferlMeister who wrote (1391)	3/25/1998 10:19:00 AM
From: Michel Grenier	Respond to of 34075

Hi, Michael. A single hole cannot provide any estimate of proven reserves. A hole gives you depth distribution at a given point in the surface. What you need then is a number of holes to give you a picture of the mineralization characteristic in a volume. The minimum distance needed between holes depends on the homogeneity of that volume. for gold deposits, homogeneity is generally low, hence more holes needed for a given area. Since I am no geologist however, I cannot give you numbers. Michel