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

To: Mike Gold who wrote (6954)	6/29/1998 11:52:00 AM
From: Tom Frederick	Read Replies (2) \| Respond to of 34075

Mr. Kovalchick, This is why MINE must work much harder than any other company. The opinion in the market/press of a company that announces the "worlds largest" anything, will be scepticism. After Bre-X the "proof" bar has been raised a good 20 notches and internal drilling and sampling is way down on notch number 2 or 3. Talk to any of the serious, big time analysts and they will tell you the same thing. Until their is complete third party testing which means independent drilling, bagging, sampling, lab testing, (start to finish) no one of import in the market will take the deposit seriously. When you add in a "world's largest" claim, you can add even more pressure and scrutiny. It's easy to get individual investors into a stock. It's a whole other matter to get the market and large institutions to jump in. Large investors would much rather pay $20 for a sure thing that is proven than $2 for an, as-of-yet, unproven entity. I hope for yourself and everyone invested in MINE that it all works out, but we should realize this could take quite a while before an extensive third party drill and testing program is completed and without that, that market will continue to characterize this stock the same way the article you posted just did. An SEC halting does NOT help. Anyone who thinks this is a GOOD thing needs some smelling salts. It is a hurdle that may or may not be cleared. Let's hope the GE reports are in order enough and can be clarified to the satisfaction of the SEC. Thanks for the post Mike. A market opinion reality check is good for us once in awhile. Tom

To: Mike Gold who wrote (6954)	6/29/1998 11:55:00 AM
From: Probart	Read Replies (1) \| Respond to of 34075

This was my response to Orcle: Good day, Why do you not get your facts straight, GE is not in trouble the previous management is. Wow that was some investigative journalism you wrote there - to use the term very loosely, www.mining. journalists seem to be simply clueless. Take what you dish out my friend. Best regards, Probart

To: Mike Gold who wrote (6954)	6/29/1998 11:56:00 AM
From: Jim Bishop	Respond to of 34075

Humpff, we can call ourselves lottery players, but the way this guy words it almost sounds offensive. Ah well, good articles may come soon, maybe even in a real newspaper! Also don't think he has his facts straight, but of course, this is normal for the press. Are we/GE in trouble? Maybe not. Has SEC asked for clarification? Not that we know of, unless this guy knows something that we don't. Thanks for posting it Mike. Once again, press, good, bad, neutral, is still publicity, and free at that.

To: Mike Gold who wrote (6954)	6/29/1998 12:56:00 PM
From: Jon Matz	Respond to of 34075

"Orcle" is it a fortune teller or a killer whale? Which ever it's obvious that it can't read or think. I've not read anywhere that the SEC is leveling charges against "the company". According to the SEC, "As stated in the news release issued by the SEC, no penalties are being sought against Golden Eagle by the SEC." As regards the reference to buyers of Golden Eagle Intl. stock being "simply lottery players", that is at best extremely misleading. I can't estimate what the chances are that MINE is for real, but I'd give it at least a 50/50 chance. That's better than any lottery in the world. What lottery was it comparing us to? What lottery has ever allowed every participant to double, triple, quadruple etc. their money without impacting the value that anyone else could receive. MINE isn't a lottery and this entity doesn't fit my description, even loosely of a writer, a liar maybe, certainly not an investment advisor. IMHO, Jon