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

To: Lucky Lady who wrote (7070)	7/1/1998 9:31:00 AM
From: Tom Frederick	Read Replies (2) \| Respond to of 34075

Lucky Lady, It is more than just that they have some gold. Do you understand there are thousands of ways to put money into gold and precious metals? If big companies are wanting to be in gold exploration, they are only waiting to KNOW where the gold is. The year 2000 clock does not make investing in GE a sound decision. The only reason to invest in a junior exploration company is the PROOF that they can economically extract enough metal for a long enough period of time to make it a profitable venture to set up the production and recovery facility. And THAT is decided based on the proof of PM's and then the feasability study outlined previously by a very astute poster (not myself) on this thread. Sea water has gold in it. It is just in such low concentrations it isn't economical to pursue. We need to see how much and at what cost. Good luck. Tom