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


To: Claude Cormier who wrote (3065)5/23/1998 7:55:00 PM
From: David Sirk  Respond to of 34075
 
Claude! perhaps we should focus on what we do know. Plus you never answered my " If this was indeed the most fertile gold mine on earth question". In regards to the easy of finding and mining?



To: Claude Cormier who wrote (3065)5/23/1998 8:58:00 PM
From: CIMA  Read Replies (1) | Respond to of 34075
 
Claude, if you have the inclination and the time would you estimate a share price based on the following:

- $25/oz in the ground

- 180M shares out F.D.

- 73% ownership

- 10M proven ounces ( because I believe this is closer to what they really have )

- any other factors you deem important. I realize this is " off the cuff " and very preliminary but it may help to give a very conservative takeover price from a major IF everything proves up to scrutiny. <TIA>