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

To: C Hudson who wrote (8450)	7/8/1998 12:49:00 AM
From: Tim Davies	Read Replies (1) \| Respond to of 34075

the majority of this deposit is a placer deposit.. that is to say it has been washed out of the bedrock for thousands of years, and been concentrated acording to the energy leval of the water that carried it. it gathers in places where the water can no longer move it. so it is graded acording to size. the sand and gravel bars can be quite small and still contain large reserves. a placer deposit is natures way of concentating a wide area of gold that is in the bedrock into a mor valuable deposit. all of the goldrush finds were of thei type. then when the beds are all used up . the minners went in search of the source of the gold.. it is usually in viens . the ge deposit has the benifit of having a good history in the area. going back to the spanish , aftel all where do you think all that spanish gold came from... i think we are about to get some for ourselves