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


To: GC who wrote (6730)6/25/1998 2:23:00 PM
From: Brian N L  Read Replies (3) | Respond to of 34075
 
The part in USA Today's article that caught my eye is "worth a minimum of 1.9 billion dollars". I quickly guessed that would mean a cost of about 275-280 per ounce to mine for the 1.9 billion figure. (I'm too lazy to do the math) Wouldn't it be nice when the report does come out, if GE would include a price per ounce estimate? Some investors may not realize the scope of what this mine may be worth. For USA Today to publish possible worth is a bonus, IMO.