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


To: Michel Grenier who wrote (1625)3/31/1998 1:59:00 PM
From: SoCo  Read Replies (1) | Respond to of 34075
 
Michel, my thoughts exactly.

I believe their original samples that they have been collecting since Jan 97 were disappointing.
But they had to show something, so they tried to make us feel like the "forthcoming report" would be extraordinary by telling us that 50 samples shown were from sites not even believed to contain any significant amounts of gold.

Anyway, I believe that the 50 assays in October were indeed from ground that they thought was going to contain more gold than it did - hence the delays, backstepping and coverup - while they figure it all out.

I know, negativity.

But we've been told "next month" way too many times to believe that they have it all together.

Something has either gone wrong, or will.

I'm still holding on though. I'll either make a lot of money or lose it. Either way it'll have been a fun ride.

Waiting til next month (and the next, and the next......)

SoCo



To: Michel Grenier who wrote (1625)3/31/1998 2:01:00 PM
From: Brian N L  Read Replies (1) | Respond to of 34075
 
That is one possible scenario. What I haven't seen mentioned yet from anyone about the report is that they are trying to map the locations. Something about a grid. Now, being a novice myself, I can only guess that Guido needed to go on-site to map the sample locations. Other companies have done the same, making the report easier to follow and give us an idea of the property set-up. Most stock holders appreciate the extra info and, I believe, expect it now. This could help explain the delay. SoCo, I hope this is plausible to you, otherwise there is nothing else I can help you with.

Keeping the faith;
Brian