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


To: Andrew H who wrote (2934)5/22/1998 8:44:00 PM
From: Claude Cormier  Read Replies (3) | Respond to of 34075
 
<< If these guys have 1/10 of indicated or inferred, the big boys would be crazy not to buy them out asap, before more is proven >>

I agree with you. Barrick Gold bought Arequipa before they had proven reserves. At the time of purchase 6-7M ounces were indicated. Barrick paid $1B for these ounces.