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

To: Douglas Lapp who wrote (2361)	5/9/1998 4:06:00 PM
From: sedahS	Read Replies (1) \| Respond to of 34075

I hope Guido is right. I don't have a topo map of the region just a general idea of the landscape of the surrounding areas. The depth of the gold will also have an impact. For example if the gold reserves goes to a depth of lets say 10000 feet or more I would say the gold at these levels will be very difficult to mine profitably. But as I have stated before, until GE releases real numbers and information, everything is pure speculation. Here is another point that I do not understand. If there is that much gold that can be mined profitably, why not go in with a JV with one of the majors. This would get the gold mined 50 times faster, more efficiently and bring in the money flow in a reasonable time frame and not 5 years from now. I'm not trying to cut you or anyone else down so please do not take my post wrong. Just asking some questions that I thought were relevant. Hoping for the best for everyone involved. Take Care! sedahS:-)