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


To: Hugh who wrote (7569)7/5/1998 2:52:00 PM
From: Cytotekk  Respond to of 34075
 
Hugh, with all due respect. This company has the rights to a known gold reserve, whatever number of proven we end up with. GE stock last traded at .32, not $132. !!!

The SEC is watching GE like a hawk, Toronto exchanges ignored Bre X.

I am sorry, the only comparison to bre x is that they both were in the business of mining gold.

Colleen, Bre X Scmee X, get over it and join us in July, 1998.



To: Hugh who wrote (7569)7/5/1998 5:09:00 PM
From: GC  Read Replies (1) | Respond to of 34075
 
B-company had no money and smart money took it to $200.00 share lol



To: Hugh who wrote (7569)7/5/1998 5:37:00 PM
From: da man  Read Replies (2) | Respond to of 34075
 
You may assume the co. has no money (see past sec disclosures on file with free edgar).

The market has assigned GE the right price to date based on prior disclosures, small co. mismanagement, late filings, poor accounting (all run of the mill with co's like this).

There's nothing in a new 8K that will tell of anything not already known. GE history is replete with known facts. It's a little co. that may have stumbled on a major find. What is not known is whether Paravincini's numbers are correct.

But, in the meantime, if fusion engines might revolutionize the world, then investors will voluntarily risk their money there.

The real value in GE (as published by others) is premised upon a jv with a major. True DD will only occur with the proving up of Paravincini's numbers by a major.

Trading will likely resume Tuesday, the stock will go up, but real stock value is further on down the road. I wait for the JV.