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


To: Claude Cormier who wrote (3245)5/25/1998 10:17:00 AM
From: Michel Grenier  Read Replies (1) | Respond to of 34075
 
Hi, Claude. That is why I am not trying to increase my position. I got in at $.07 and with 47000 shares, if this thing holds, I do not mind not making as many millions as I could have if I had invested more. If, on the other hand, things did not turn out as I hope, I do not stand to loose much.
However, other people are certain that GE has it all and, from that perspective, buying more makes sense



To: Claude Cormier who wrote (3245)5/25/1998 11:33:00 AM
From: Cytotekk  Respond to of 34075
 
Claude,

Thanks for your concern. I would only buy more on dip in the .30s or .40s. I do not have faith that this stock can sustain a price over $1.00 without the geological report released and carefully examined. That will take time, maybe even weeks...

I must go to work and keep my mind on saving lives tomorrow, I am no day trader and usually invest quite conservatively.

If the proven claims are bogus or misleading we will be back down to .18 or less.
This company is not well capitalized, and my husband, the tight wad Norwegian, likes to tell me I am buying stock in a company that has 2 dump trucks and a front end loader. I counter that that is OK, with the gold so close to the surface, they can us hand shovels, they are cheap in Bolivia.

I plan to sell enough to recoup my original investment and let the rest ride, that is why 20,000 is measly.

We shall see is right. This discussion is bringing out some real nastiness on another thread, my dont people take this seriously!

This is only a speculative stock, something to play with like the government lotteries.

Granted things are looking better since Friday but you caution is well warranted. I have a good feeling about this one, right or wrong.

You know Claude, I keep asking what the Bolivia, US extradition treaty is regarding white collar crime. I think that is a relevant question considering that some of the people named in the SEC complaint are still around in this company in one capacity or another.

180 M shares, could even be more than that! Colleen - {{ : > )