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


To: CIMA who wrote (1967)4/25/1998 1:40:00 PM
From: bobby beara  Respond to of 34075
 
CIMA, this is a good thing:

>>While the delay disappointed the market and cast some doubt on the
reliability of management, it maintained the integrity of the potential reserve on the property<<<

What's more important is the integrity of the management versus cutting corners and giving a report to please shareholders short term that might not be complete. The stock was taking off at that time and would have gone thru the roof with any good news. Most managements on Wall St. use exactly this to boost their stock, notice all the hype surrounding the internets these days, just breath dot.com and the stock doubles. People that fall for this hoopla and buy at the top will be waving bye to their money -g-.

I view this as very disciplined and ethical. Probably can thank Bre-x for management's cautious approach. It's a good thing.

bb