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

To: GC who wrote (3774)	5/29/1998 12:20:00 AM
From: steadyasyougo	Respond to of 34075

GC, you have got to be lucky to buy your first miner, and it is MINE, the BIGGIE. Prices are not going up for a lot of reasons. Almost 80% of my mining stocks have been going down. There simply is not many players in this market right now. Blood is running in the street. There are companies with good news to be sent out that are waiting, because they don't want to waste news when there is not a crowd to hear. You tell people that you have found the biggest gold mine in the world, and they just yawn. Waiting for the confirmation report. We oldtimers in miners know to hang on until the herd comes thundering in. When it is absolutely certain that the reserves are huge and for real, the brokerage houses will crank up their thunder and lightning machines and spook the herd. Only then will the price move as you thought it should.