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

To: GC who wrote (8100)	7/7/1998 11:43:00 AM
From: Tom Frederick	Respond to of 34075

I think we have seen the high for the day and plenty of folks willing to take some off the table at a nice 300% profit. My guess is we close under a buck today, but still a healthy increase over the .32 last close date. This could drift back to that price easily over the next few weeks of waiting for the audited report mentioned in the article posted earlier. Also, the article did say quite clearly that the estimated reserve size was 157 million ounces, not the 200plus mentioned a number of times here. Let's remember though, the third party audit is OK, but the third party drilling and testing is what will get institutional attention. I hope many of you made a nice profit today. But watch carefully for the final story which is - How much gold and at what cost? Lots of luck to you all. Tom