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

To: Roderick Francey who wrote (8126)	7/7/1998 12:12:00 PM
From: Fred C. Dobbs	Respond to of 34075

To all, in case some people aren't sure what pink sheets are, I found this link. Now I wish I knew how to copy it easier. invest-faq.com

To: Roderick Francey who wrote (8126)	7/7/1998 12:39:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 34075

You ought to be able to get in around 3/4ths, I gave up and settled for a 100% gain and sold all my shares just now at 3/4ths (had gotten in at 3/8ths). I hope that all of you beleivers on this thread do not flame me, but I just could not take the stress of watching this march down from $1.50 to half of that today. My trade was the most logical thing I could do under difficult circumstances-- I simply had a gain to protect. This may very well run to several dollars per share this week--and it is probably worth at least a couple bucks a share (certainly the buck a share I have often given as my target). But for me, it is a matter of risk and reward, and I have plenty of other stocks (biotech mainly) that I like much more than Golden Eagle. My gut reaction to the whole thing is that a group of people with less than optimal organizational skills, but more than enough drive are going to have one of the largest operations in the world. The remoteness and the nature of Bolivia has kept it from being exploited before now, but there is no reason to beleive that there aren't 6M+ ounces of gold just waiting to be leached. Giving up 15000 quarters (settling for less than my target) is probably the greatest mistake I made in all this, with the next largest mistake not reserving 5k shares to have and hold. But like all my trades, it has been another learning experience. Good luck to you all, it has been a pleasure making money with you, I hope some of you get filthy rich off of this! I guess I have a final message to newbies on the thread: You are your own worst enemy, and while trading can make you money, the excitement--the fear and the greed--can just as easily steal away from your profits. Case in point, at one time I had 150,000 shares with a basis of eight cents. ("Doh!") Anybody want to trade some pumpkin futures after Halloween?