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

To: C Hudson who wrote (3313)	5/25/1998 10:12:00 PM
From: Sojourner Smith	Read Replies (2) \| Respond to of 34075

We need to check your questions out more. IR said they bought a drill to do more testing. He also said the test studies were a conservative estimate. Unfortunately Guy Marrel at IR is not a mining expert, so it would better to call the company at 303 694 6101. I have calls into other mining companies in the area like Rio Amarillo. Others are Battle Mountain Gold and Redex. I really feel the only issue is if they can get a joint venture partner. The assay report will be explained in detail soon.

To: C Hudson who wrote (3313)	5/25/1998 10:19:00 PM
From: Michel Grenier	Read Replies (1) \| Respond to of 34075

The report will tell experts if the numbers are valid or not. Anyway, independant surveys will have to be conducted to convince everyone. I am counting on production, in a few months hopefully, to get this baby really going. In fact, for the time being, I count on some controversy and skepticism to keep the majors from making an early offer. Right now, a major could offer $3.00 per share and get everything. Just look at how many shares were sold at under $0.50 last Friday. But, if the big players are cautious enough and wait for production results and independant survey results, and assuming that all results are positive, no shareholder will be stupid enough to sell at anything under a fair price (which should be higher than $3.00 if all results confirm the preliminary findings)