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


To: Diamond Daze who wrote (3823)5/29/1998 7:00:00 AM
From: Pakman2000  Respond to of 34075
 
If you read the letter from Terry, you will see that the one good thing that came from Bre-x is that it brought the mining industry to a much higher level. It is apparent from his letter that he has no intention of bringing negative publicity to his company especially since the "eyes" are already upon them for not only the Bre-X scandal but previous SEC problems as well. If you re-read the SEC report, they are not seeking any fines, just a repremand. Anyways old management is gone and the find appears to be legit. I get the feeling this guy values his reputation too much to not preceed with caution here. The bottom line is that this is a highly speculitive play. If the find is verified....we will be rewarded and if not well we move on.........