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

To: Cytotekk who wrote (7074)	7/1/1998 9:24:00 AM
From: Tom Frederick	Read Replies (4) \| Respond to of 34075

Cytotekk, Even opinions supported by no facts, no figures and not even any logic are welcome I guess. However, they are full of great feelings. And boy is that a great reason to put your hard earned money somewhere. You had posted before that feelings about a stock were important as well. It is when we get caught up in how we FEEL about a stock and lose the objectivity of facts and figures that we get ourselves into trouble. You may collect facts and figures and talk to people and develop a "feeling" that transcends the hard data, but that is not the same thing at all as coming across a stock that someone tells you just "feels" good, or you see a stock yourself that you just "feel" will be your Powerball ticket to financial independence and then do no critical analysis of the likelyhood of success OR failure, the track record of the company, the actual progress, etc. etc.. When Sunset posts things like that it just scares me that someone can be whistling in the wind in the face of an SEC halt and assume there is only one possible outcome and the assumption, low and behold, is one that creates great wealth for the stockholder. Don't you think that is a little scary? We all have our opinions but some are simply not as well supported, Yes there is room for all!!! And I hope that for all of those assuming there is only blue skies ahead, wake up and smell the coffee. Even if the SEC gives us the green light, we are a LONG way from actually proving up a reserve. Over three years ago I got into a mining stock with an ore body that could, I emphasize COULD, make GE look like the extra gold dust that falls off the trucks. This could be HUGE. I mean many hundreds of millions of ounces of gold, platinum, palladium, silver, etc.. Three years ago there was already extensive INTERNAL drilling and testing all showing great numbers. And three years ago the mantra was "two more weeks" and we would all be wealthy beyond our wildest dreams. Well, needless to say that was three years ago. Now the company is finally on a COC drilling and certified assay program and the market is looking at them more seriously now. I'm not going to hype another stock here. I am simply saying that everyone can learn a lesson here. GE has some tough hurdles to go through before this is PROVEN to be what they say it is. So don't quite your day jobs. Could this be a big hit? Sure it can. But there are no "big boys" coming in before lots of independent work is done and therefor, no fortunes to be claimed either until that is done. I will predict that if the SEC gives GE the green light to trade, we will have a nice jump in the price, but it will be short lived. Because the only sustained price move will come from NEW money coming in and THAT won't happen until the real hard proof is in. We just need to keep a clear eye on actual events. Good luck. Hoping the 7th is a day to celebrate but accepting it may be a day to lick our wounds. Tom