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


To: the Chief who wrote (8392)7/7/1998 7:47:00 PM
From: GC  Read Replies (1) | Respond to of 34075
 
Are you for real,still looking for those cheap shares LOL



To: the Chief who wrote (8392)7/7/1998 7:52:00 PM
From: JSI  Read Replies (3) | Respond to of 34075
 
Chief,

While I think it is prudent and wise for any investor to look at the bad, one must also look at the good.

You said: "For "any" independant to review, audit, amend and correct, that "independant must verify the original data. The only way to do that is to "resample, re-asssay, re-analyze"

I don't believe this to be true. While it would be wise for this to be done, this statement does not call into question the methodology that was used, only whether or not the conclusions from the samples are correct.

You said: "<< when the SEC questions "methodology, analysis and preperation of a report", the report becomes useless as even a baseline document>>"

The report may still matter, but we are now talking momentum. If we have third party verification of any type, be it a complete resampling or just a seconding of Guido's findings, that is what will matter.

You said: "<< a further indication that the report will not even be used as a baseline document. More importantly it raises the spectre, even though it may not be warranted of, "There can be no assurance that a new independent firm will confirm any "reserves" or "mineralization" on the Cangalli concessions,"..... which will hardly be reassuring to future investors.>>"

I believe this to be legal jargon that MINE's lawyers require TT to include in the 8K in order to placate the SEC. While it is true that there could be no gold, I believe the area in question has too much of a gold producing history to just throw this claim to the wayside.

You said: "<< this statement in itself is the most worrysome. This could result in extensive resampling as stated before, Estimated time for this program could be as short as 6 months but also as long as 12 months.>>"

So what, I for one would welcome this. I now own this stock at a $0.00 cost basis, as I'm sure others do to (after today's price action). I'm prepared to wait. It all comes down to what you believe.

I didn't understand your last comment, so I won't comment on that.

Lastly, I don't know about anyone else, but when I get into penny stocks, I am 100% speculating. This to me was a lottery ticket all the way. I see the 8K as good factual evidence of what the company is doing, the steps that must be taken, and a roadmap to the future, not bad news. As the saying goes, "Beauty is in the eye of the beholder". Well, I don't know about you, but a potential 6.4MM ounces of gold looks pretty beautiful to me.

Lastly, let's not forget "GOLD FEVER", and PR. This stock traded over 3MM shares today on "the Pinks". What do you think is going to happen when we get a little more PR, and we're back OTC. Huge volume, huge potential gains.

JSI. --just being "critical of the breakdown"



To: the Chief who wrote (8392)7/7/1998 9:21:00 PM
From: PennyPicker  Read Replies (2) | Respond to of 34075
 
HEY CHIEF R U From the same tribe that dealt Manhattan?

They really thought they were getting a great deal ya know! Some people just can't see a good deal if it slaps em' in the face.
I sincerely doubt your looking out for our best interests here. I for one can see right through your little day trading tactics. Regardless
of your opinion of the 8K,this stock will rise. Regardless of the amount of gold GE has this stock will rise. I believe your just looking for shares as cheap as you can get them. Why else would a day trader like yourself even bother.We are all here to make money, that's the main objective. If we believe there is money to be made then that is our business.Take your profits from today and go buy the tribe a few strings of pearls ....maybe they can buy back Manhattan!



To: the Chief who wrote (8392)7/7/1998 9:38:00 PM
From: rjbac  Read Replies (5) | Respond to of 34075
 
Chief,

Just an excellent post. IMO no rational, sane, intelligent investor will buy into this garbage. These guys(MINE) are history. They are loaded with debt, have no money, even 1/2 their REG S went south. I never did believe Guido and his wild Claims. This stock should open at .05 and then head south because it is not worth a plug nickel.... It is truely amazing what people will buy into.. Who was it that said "There is sucker born every minute".WARNING WARNING WARNING...STAY AWAY FROM THIS STOCK, READ THE 8K... Boy I hate SCAMS!!

Bac