Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cytotekk who wrote (3566)	5/27/1998 12:07:00 AM
From: Diamond Daze	Read Replies (1) \| Respond to of 34075

Dear Sir <<I have not seen the geological report or read about the exact methods used, have you? >> I just cant believe that this company can put out these figures and NOBODY can tell me any thing about the methods or the geological report. Kinda got the cart before the horse !!! <<As far as you inferring that I think I am smarter than 99% of humanity, I not only think that to be true, I know it to be true, and I have the numbers to back it up. I just hope that Guido can say the same.>> I enjoy a sense of humor. Cheers and best of luck.

To: Cytotekk who wrote (3566)	5/27/1998 12:32:00 AM
From: RMF	Read Replies (2) \| Respond to of 34075

Cytotekk, If a different property was involved in the SEC investigation then I was certainly wrong on that count. I do think the discovery process was rather unorthodox, but then what the hell do I know..... it's the story that counts....

To: Cytotekk who wrote (3566)	5/27/1998 1:06:00 AM
From: GC	Read Replies (2) \| Respond to of 34075

Mining In Boliva Theres an article(Northern Miner) about a small junior mining company Orvana Minerals(Orv.to).Has nearly completed a diamond drilling program at its Don Mario copper -gold property on eastern BOLIVA. 82% of the planned 6100 metres have been drilled. gold values varied from 4.5 grams per tonne over 0.9 metre(11.6-12.5 metres)in hole 134 to 35 grams over 2 metres(105.7-107.7 metres) in hole 130 They plan on a combination .of open pit method and underground mining. Minable reserves are pegged at 1.47 tons grading 12.95 grams of Gold. Studies by Billiton and Pincock Allen&Holt indicated that the project could support 750 ton tonne per day milling operation capable of producing 100,000 OZ gold per year for five years, at a cash cost of roughly US$105 PER OZ. Now do you think GE (MINE) got know gold. We all know , they got a shaft and mining. We all Know , they tested the surface for gold, so did junior above with drill and got good results. Now we know junior above is mining it for 5 years for only 500,00 oz of gold. now we know junior above 500,00*105.00 per oz=52,500,000 cost over 5yrs. now at 500,000 at $290.00 oz =145 million -52.5 mil.for cost=92,500,000 profit there must be gold there when you see alot of mining companys there starting to mine and getting good results. and on the plus side cheaper to produce and better returns for shareholders that article printed May 25/98.If anybody wants to go out and buy one , good little paper you could learn alot from it , worth the investment if you want play mining stocks.Now can you think of them having resuls like junior if they drilled at the 100 metre mark. Sorry for the long post , hope I didn't bore anybody.