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


To: inchingup who wrote (6776)6/25/1998 11:28:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 34075
 
6.4 Million ounces X $25.00 an ounce is worth $160 million smackers. 100 million shares+ in MINE. There's your $1.60 a share he was probably referring to.

MM



To: inchingup who wrote (6776)6/26/1998 1:08:00 AM
From: Mike P.  Read Replies (4) | Respond to of 34075
 
ok, if 6.4 million is verified and proven beyond the doubt of the sec and appropriately followed up with retraction by the press., i will be happy to purchase your shares for 1.60 per.
claude, excellent technical breakdown holding all economic factors constant, but this is gold folks, everyone knows us now, usa today and wall street journal are fairly popular little scribes in the states if i remember correctly. my opinion says your analysis of stock price per share is missing the most obvious and critical factor in this particular situation, the factor that a monetary value cant be put. granted this baby isnt internet related or driven, but it is old faithful......little shiny rocks. historical precedent has shown a slight 'irrational exuberence' towards this type of thing. poet.



To: inchingup who wrote (6776)6/26/1998 10:41:00 AM
From: Claude Cormier  Respond to of 34075
 
<< In other words Claude what you are telling me in retrospect is that based on 6.4 million proven that the figure of $1.60/share I came up with is more realistic? Yes or no. >>

It could go higher than that depending on gold prices and the current market mood. $3-$7 is a valid range I think...depending on a lot of factors.