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

To: David Sirk who wrote (4283)	6/5/1998 2:05:00 PM
From: Turboe	Read Replies (1) \| Respond to of 34075

From pits?

To: David Sirk who wrote (4283)	6/5/1998 2:06:00 PM
From: DR. MEADE	Read Replies (2) \| Respond to of 34075

You are correct about finalization, my friend. I am changing to a close of .53

To: David Sirk who wrote (4283)	6/5/1998 2:17:00 PM
From: Tom Frederick	Read Replies (5) \| Respond to of 34075

David, you miss the point. MINE's own report will have a limited impact. What Claude has mentioned is that the the only REAL report is an independent, COC, certified report about what is in the property. What SOROS so casually mentions about the "big boys" is meaningless without independent verification. That means an independent company comes in and drills, seals samples, delivers samples to an independent test lab and the standard assay results are analyzed. (If assays are not standard then watch out) THEN, they determine the opt concentrations relation to the cost for recovery and THEN they figure out the profitability of the property and THEN you know what kind of stock price it is worth. This stock will rise on the issuance of a report by itself, but it will not sustain a continuous rise or even hold that rise without the independent work. And as far as the "big boys" go, they won't touch it until all the independent work is well under way. They would much rather pay $20 for a sure thing than $0.20 for a high risk. Bre-X has changed the face of investment in this category and independent verification from top names is absolutely crucial. I hope that MINE has the goods, but you all need to get a grip on how much work still needs to be done before you plan on retiring to your beach front house in Malibu. This is many months away at least. Could we get some nice short term bumps? Sure. But not the big numbers being talked about until the independent work is done, signed sealed and delivered. Just some reality checks, that all. My prediction, we end the day where we started in the .34 to .37 range. No news means no run on the stock and if anything, a slight pullback until news does come out. Tom