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


To: Andrew H who wrote (3086)5/24/1998 1:08:00 AM
From: CYBERKEN  Read Replies (2) | Respond to of 34075
 
No argument here about Claude, and if he sees this I hope he accepts that I too respect his opinion. My question to him (and I am no expert in these matters at all) is related to his statement that Guido needs to move 200 million tons to prove 6 million oz; as it relates to the fact that we KNOW Guido did not indeed move 200 million tons.

Yet Guido and Terry release a report saying they have proven 6 million oz. If there's significant fluf in this report, they'll be lucky to leave Bolivia before you and I retire.

Perhaps Claude meant to say that he would feel more confident if they had tested 200 million tons. I am sure we all would be! But he said that you HAVE to test that much (more or less). That statement, IMO, slams a few doors.

This isn't bigtoe on the RENT thread, Claude seems to have spent some serious time on this highly-technical matter. Thus I hope he will expand on his prior post.