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

To: gregor who wrote (6823)	6/26/1998 11:08:00 PM
From: john	Respond to of 34075

<It would be more like the present value of an income stream coming in over a period of time. If that value is based on a larger reserve and lets say that larger reserve would have a lifetime earnings potential of 16.00 the pv ( present value ) might be 9.00 or 10.00 per share; or on the lowest denominator of 1.60 might be 1.00 to 1.10. It would depend on what interest rate you use and the time frame over which the extraction would take place.> GOLD FEVER does NOT take into account present value CHIT, I remember a $250.00 stock, GOLD fever. And yes I remember what happened, although GE starting audits etc long before it even hits a ONE DOLLAR bill.