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

To: Terp who wrote (7532)	7/5/1998 8:54:00 AM
From: JS	Read Replies (1) \| Respond to of 34075

And the ferocious debate continues... There's only one thing that can derail this stock now...and that's whether this is an outright fraud. Otherwise, it's only a question of how much gold does the market believe (or want to believe) is in the ground. Everything else is a matter for debate. I happen to believe (and more people will eventually believe), that the gold is indeed there. Like any other junior, investors will have to make their determination as to how much they're willing to pay for POTENTIALLY the largest gold mine in the world!!! References to that B company will only heighten interest in the company. Regards, JS

To: Terp who wrote (7532)	7/5/1998 11:36:00 AM
From: Cytotekk	Read Replies (1) \| Respond to of 34075

Terp, and all threadsters. If trading does not start on Tuesday it means a delay, not necessarily trouble. Trading cannot resume until at least one MM has all GE financials in order and has filed with the SEC to resume trading. I am not worried about being relegated to pink sheets, Lucille at the SEC said that tading would resume normally Tuesday, July 7 as long as MMs have their files in order. She knew of no requirements that GE needed to fulfill and basically said the halt was to get information out to shareholders and public that the SEC has questions regarding the 6.4 M proven claim. Guido stands by his claim. A previous estimate was in the 5M range, then Guido was called in since he is considered a premier geologist for that region. Hausen, formerly of Newmont, says an experienced company can easily recover the gold. Guido estimates only 20 -50% of the gold in that valley has been taken out by rudimentary methods. Estimates are that appox. 32 M ounces have been recovered and I am sure that is a low figure. Lets see....32M X 2 = 64M. 10 times the amount of proven Guido is claiming. Inca, Spanish, Porugese, a couple of small mining firms and the Bolivian people have had at in that valley and come out with GOLD, real GOLD. Now it is our turn, with new technologies to help. There is NO question that GOLD is there, it is only a matter of how much is there and how expensive will it be to recover. The current POG is the lowest it has been in 18 years. I do not believe it will stay at these levels. International gold reserves unloading has to stop sometime. I see the limitations of the current management. With their shoestring budget, some emplyees need to work other jobs to survive while this little jr mining company gets poised for production, the delays in reporting on time. So what, at least they work for a living. And yes, Mary Erickson is the only board member presently who was named in the moldy, oldy SEC complaint and some would like that changed. As I see it, GE wouldnt exist without the $3,000,000.00 that Ms. Erickson took from a trust fund to get this company going. They are HER MARBLES and she wants to stay in the game. I would do the same thing, you bet I am going to watch my $3,000,000.00 investment!!!!! I may not like the promptness with which GE files their government reports, but I do like the fact that they are the ones who own the RIGHTS to perhaps the biggest GOLD producing areas on this Planet historically. I think it may well prove to be so in the future as well. IMHO. Hail new mining technology! If anyone is still with me, I will now add that I will CALL Lucille in consumer relations at the SEC and get the skinny on GE files and the potential for trading on Tuesday as it stands tomorrow. (Dont call her Lucy.) FYI, I did not buy lotto tickets for last nights 15M Florida drawing, but I do own thousands of shares of MINE. Colleen in Orlando, still with Flagler County relatives around.