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


To: Ray Emery who wrote (1802)4/11/1998 11:18:00 PM
From: Claude Cormier  Respond to of 34075
 
<< Claude, just wondering if you have decided that GE is no longer of interest to you??? >>

Nope. I am still watching and waiting for the next round of exploration news.

This stocks has a market cap of $US10M or so... There are many micro-caps juniors that have much more proven good selling for similar prices. There are simply better buys for now.

The truth is that whenever a company says (one way or another) that they have possibly as much as 100 millions ounces..I get worried.

Still there are some positives and that is why I am watching. Maybe, one day I'll be buying...but for now, there is simply not enough evidence that they can prove up such an enormous resource. In other words, there is not enough evidence that they are the company with the largest gold resource on earth.

MINE is not a stock I would recommend to my subscribers...at least not now. But I have an opened mind... let see what news come out.