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


To: the Chief who wrote (7187)7/2/1998 9:49:00 AM
From: john  Read Replies (2) | Respond to of 34075
 
<<< I AGREE!! The more I read, the less I like the way this information is presented!!! I am not saying the "stuff" isn't there, but the presentation of this data becomes highly suspicious and raises more questions than it answers!!>>>

So for a guy like myself who knows very little about geology are these techniques used by Guido totally radical?

Or have other geologists used them in the past??



To: the Chief who wrote (7187)7/2/1998 10:10:00 AM
From: CIMA  Respond to of 34075
 
Hey Chief. Great questions and good discussion with Mike. Thanks. Same to you Mike, really enjoying the banter.



To: the Chief who wrote (7187)7/2/1998 10:56:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 34075
 
Mr. Chief, it is true that in the previous Guido report, it made no mention of recovery % other than calling previous recovery of 50% or less diasterous etc. However, the previous report did not claim ANY proven reserves.

The new report claims 6 million ounces as PROVEN resources.
I think to be considered proven, you must be able to mine it economically. My guess is the new report will go into some detail about recovery % etc-i.e a discussion of technologies that can be used for an ore of this type and what recovery one may expect when using said technology-ie cyanide/leach method..



To: the Chief who wrote (7187)7/2/1998 11:10:00 AM
From: Douglas Lapp  Read Replies (3) | Respond to of 34075
 
<One comment I have-my guess is the problem the SEC has with the new report probably has something to do with the following from Guido's 1997 report.>

Read the USA TODAY article, just a caveat and that is it, there is no problem.