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

To: inchingup who wrote (6772)6/25/1998 11:06:00 PM
From: Claude Cormier  Read Replies (3) | Respond to of 34075
 
<<Hope you haven't disappointed too many on this thread. Even at the
price of $4 it's an easy 12 bagger. >>

Well in the current gold environment, I would think that the price could be much lower than $4..assuming again we are talking only 6.4M ounces. A lot of juniors currently have between 2M and 3M ounces and are trading at a market cap of between $25 and $60M.

CC



To: inchingup who wrote (6772)6/25/1998 11:35:00 PM
From: Douglas Lapp  Read Replies (1) | Respond to of 34075
 
This evaluation is based on 6.4 million proven only. One must take into consideration the excitement of future reserves, this is where the real speculation occurs and where the most money is made.
So no , i will not be disappointed whatsoever.

Doug


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