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


To: John D. McClure who wrote (4868)6/12/1998 2:49:00 AM
From: CIMA  Respond to of 34075
 
My last post of the night. I apologize for prolonging the agony. But let's look at the facts.

We know from Sojourner Smith that as of May 27th, 1998, according to the Transfer Agent, there were the following number of shares out:

Fully Diluted - 102,576,331
Restricted - 66,649,182
Floating - 35,927,149

We also know from last year's 10K that as of the end of Dec. 31, 1996 there were 46,901,643 fully diluted shares out. I couldn't find any restricted/floating breakdown in there.

That means there were 55,674,688 shares issued between Jan. 1, 1997 and May 27, 1998.

I added up all the shares filed as 144's from the Yahoo list (though I believe it is flawed) and assumed everyone had sold. The total comes to 3,718,350. In the grand scheme of things this amount means squat IMO! Adding another 800,000 on June 15th still means squat in the grand scheme of things IMHO.

However, as an indicator, insider trading should always be watched.



To: John D. McClure who wrote (4868)6/12/1998 6:55:00 AM
From: Douglas Lapp  Read Replies (1) | Respond to of 34075
 
Message 4585512
This person apparently speaking of me. Just for the record, i have sold 406,500 144 shares. Hardly am i pumping this stock.
Oh yes, quite a brilliant reason not to buy a stock Ga Bard.
You know not of me nor i of you, i think it's better this way because in the end i will be smiling!
You pass judgement when you do not know what you are saying.
I forgive you Georgia

John, make certain you pass my message along.

Doug