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

To: Mike Gold who wrote (7243)	7/2/1998 4:22:00 PM
From: Tom Frederick	Read Replies (1) \| Respond to of 34075

Mike, Alot of GREAT exposure? The article is driven by an SEC halt to the trading following previous SEC problems. And the article features NO statements and/or quotes even approaching the size of the mine that GE put out in a press release. This kind of article will get some new blood in, but NOT any serious institutional investors. Any big institution will not TOUCH this until all SEC issues are resolved free and clear and third party work is done. And until big investors are happy, they will have a hard time raising the big bucks for a third party drill and test program. The article clearly says they KNOW they have to do third party work for any credibility. Please, my comments were just a logical extension of an erroneous post. If the hit activity is low, it makes more sense to me. But if it was high BEFORE the article that is the only reason that makes sense to me. We might get a little bump on the price from new people like you and me taking a chance on MINE. But what we are waiting for is big money or one of the majors to come in since GE admits they don't have the money to turn this into an active mining operation. And this article will do anything BUT drive serious money to GE. Trust me. All the majors know that GE exists. This is a very small industry. So a news story in USA Today is NOT their method of DD. This is not news to them. Tom