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

To: Claude Cormier who wrote (4396)	6/6/1998 12:02:00 PM
From: Cytotekk	Respond to of 34075

Excellent post Claude. I always wondered why MINE thought that a Bolivian insider was adequate to judge the accuracy of Mr. Paravincinis work. And if their retired geologist left for health reasons, is he able to undergo the rigors of examining Guidos work in detail? Just a few thoughts on this hot Saturday morning. As always Claude, thanks for your well thought out input. Colleen {{{ : - )-{::::\|:::::}

To: Claude Cormier who wrote (4396)	6/6/1998 12:28:00 PM
From: Douglas Lapp	Read Replies (1) \| Respond to of 34075

<when we are talking the biggest gold resource on earth, this (hiring a reputable 3rd party) becomes a must, UNLESS of course they select the Joint Venture route. A JV with a Barrick, Newmont, BHP, Anglo or else would make a difference> So they may be going the JV route, this i perceive is apparent because the company has no desire for third party sampling. I found little info re: Cueva Playa plant.This is what i do know. The plant site IS on the Cueva Playa location, and is owned by Golden Eagle. Golden Eagle Built it at a cost of about $300,000.00. I don't know how big Cueva Playa is but it is included in the total of the property owned by Golden Eagle. They have paid for 3 studies (independent) to date with all assays being triple tested by independent assay houses. As i said they at this point are not concerned with another Independent study, but that could change rapidly. Doug

To: Claude Cormier who wrote (4396)	6/6/1998 2:24:00 PM
From: Henry Volquardsen	Read Replies (2) \| Respond to of 34075

Claude, I've appreciated your well thought out posts. IMO they will need to do third party verification even if they want to go the JV route. No major is going to get involved in a development stage project, no matter how large it is reputed to be, based on internally prepared studies. That is exactly what happened in Bre-X. They will require audited third party verification. The sooner MINE pursues such verification the sooner investors will realize the values they are hoping for. Henry