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

To: Cytotekk who wrote (3679)	5/28/1998 9:15:00 AM
From: Henry Volquardsen	Read Replies (3) \| Respond to of 34075

Cytotekk, By the way, the common market still has not decided whether they will use a gold standard, they just might. Absolutley not true. The European Union has made it very clear what the reserves behind the Euro will be. 20 to 30% of reserves will be held in gold, which is the same as the current gold reserves for the countries that will be joining the Euro. Their total reserves post Euro will be only 20% of current total reserves so there will, in fact, be less gold backing for the Euro than there is currently for the deutschemark, lire, peseta, franc etc. The Euro will not be gold back. The notion that it would be gold back was started by gold 'analysts' who were trying to pump some action into gold.

To: Cytotekk who wrote (3679)	6/3/1998 9:34:00 AM
From: Tom Frederick	Read Replies (2) \| Respond to of 34075

Cytotekk, Yes I am a Johnny come lately on this thread and even introduced myself as such. My comments reflect an observation that there is plenty of talk about the presumed end result and not much CURRENT tough analysis of what is going on now. In your own post you seem to only consider the possibility of a big gain here. That is not a attitude that understands the risks. Investing in a mining stock is not like rolling dice if you do your DD. Rolling dice is something over which you have NO control. An investment is something in which you have SOME control, and that control rests in fact finding and critical analysis. I hope you are right. But don't stop asking REAL questions that get to the heart of this thing. Such as who are the financers of this operation? Who did the initial IPO? Are they reputable? What are the assay OPT results? Are they economical levels? Etc. etc. By asking these questions, you move from "dice rolls" to informed decision and choice. Good luck. I hope you all make it big with MINE. Tom