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


To: Char who wrote (1977)4/26/1998 3:04:00 PM
From: jackie  Respond to of 34075
 
Here is what the President of MINE said on Yahoo:

>The geological study being prepared by Guido Paravicini, MA., Eng., an independent geophysicist and mining engineer
retained by the company, has been delayed due to the torrential rains that have limited access to Golden Eagle's mining
concession in Cangalli, Bolivia. Turner expects the report to be completed before April 30, 1998.>

biz.yahoo.com

That's all they've said. No promises other than an honest attempt to get the report out. I've really been puzzled by the ceaseless discussions about what everyone is going to do if MINE doesn't live up to their 'promise.' That if they don't release the report they are a bunch of liars or worse, etc., etc.

Folks, relax. This is a long shot. If the gold is there and can be mined at a reasonable cost, and managment can get enough money to get the mining process going, and all kinds of other things work out, we'll make money on this thing. If not, well, you'll have another sad story of lost opportunity to regale everyone with in the future.

Regards,

Jack Simmons



To: Char who wrote (1977)4/26/1998 3:04:00 PM
From: CIMA  Read Replies (1) | Respond to of 34075
 
Thanks for the update. Next week will be interesting...



To: Char who wrote (1977)4/26/1998 11:38:00 PM
From: CIMA  Respond to of 34075
 
This might help you understand the difference between reserves and resources:

Message 3927340