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

To: Jon who wrote (3132)	5/24/1998 1:39:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 34075

<This to me means there has to become a HUGE open pit> the price you pay if you are going to have the largest glory hole on the planet. I once told the folks on this thread that I lived in Ely: The Ruth copper pit is huge, and this will be much larger. Open pit mines are hideous, but they will make you a lot of money. It is the only way to move a lot of earth efficiently. In West Virginia they take the entire mountain tops off to get coal, again hideous, but don't tell a dozer operator who lives there he can't have a job. But there is some consolation in all of this if you have any tendencies toward environmentalism: When our planet returns to ice and whatever our race has evolved into finally dies out, the largest glory hole on the planet will long have folded back into the earth's crust, melted, and dissappeared. ...mote in God's eye...

To: Jon who wrote (3132)	5/24/1998 1:46:00 PM
From: Don Rohner	Read Replies (2) \| Respond to of 34075

Jon I can't wait to see the model of this deposit. I guess I'm a little disappointed in the number of shares outstanding if the figure is 130-180 M. The production numbers of 2g/ton at 500-650 ounces per day should prevent further issuing of stock ; I hope. The real production numbers should be as much as 3-5X this figure considering the conservative grading of the gold and improving recovery methods. Time will tell but at least we will be a medium capacity mill at 10,000 tons per day according to my calculations from the SEC filling. Is this your conclusions? This level should make us at least a $1-$5 stock at 180M shares. DR