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

To: Claude Cormier who wrote (3006)	5/23/1998 12:38:00 PM
From: Kenny	Read Replies (2) \| Respond to of 34075

Do you have any idea of the gold market right now? Are they going back up soon? Thanks!

To: Claude Cormier who wrote (3006)	5/23/1998 1:33:00 PM
From: CIMA	Read Replies (1) \| Respond to of 34075

Thanks Claude. I'm at work right now so can't look up the exact percentage, but if memory serves me correct MINE has 82% of all revenues from the 2008 mining claims contained in the concession in the Cangalli region, and the Cangalli Co-operative has the remaining 18%. That is close if I'm wrong. There have been rumors that a deal has been struck with the co-operative for GE to buy out the remaining 18%.

To: Claude Cormier who wrote (3006)	5/23/1998 1:40:00 PM
From: mike h	Read Replies (1) \| Respond to of 34075

Claude it is my understanding that GE owns 77% of the mine thru it's subsidiary Eagle Mining of Bolivia. This is far more than a small interest. I base that on the original 93% ownership by Golden Eagle Bolivia dated 01/19/96. I assume the 84% interest in Eagle Mining to be 84% of the original 93%. If you have other information please be specific, I find it a bit disconcerting to casually mention that GE owns only a small interest in this mine without additional details. Thanks in advance MikeH