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

To: Claude Cormier who wrote (8735)	7/8/1998 2:44:00 PM
From: Patrick Lauder	Read Replies (1) \| Respond to of 34075

What you say is true, but it would be less stressful to those invested here if we knew Guido has a great track record. If Guido is correct, I would like to think the US verifying team will be able to see it also, even if his methods might be a bit unorthodox. Guido is back in Bolivia, do you think they will query him when they go down or will he be kept out of the verification %100? Pat

To: Claude Cormier who wrote (8735)	7/8/1998 2:49:00 PM
From: the Chief	Read Replies (4) \| Respond to of 34075

Hi Claude. I agree. You said:By all standards, the work he performed (number and locations of samples) is not supportive of the conclusions he advanced. The SEC think so. Several other geologists and industry representative said the same according to recent news article. Common sense based on US reserves definition standards also says so. Note ** its an International Standard!! are you "merican" <ggg> It was, IMHO, irresponsible to leap from 6.4mm to these huge numbers. The report should have been muzzled at 6.4mm ozs assuming substantiation ( I have already expressed I believe not enough work was done to meet the "International Standard" for resource calculation) The culmination of outrageous numbers + an insignificant miscalculation of the proven + IMHO the lack of, even rudimentary drilling data, has created this fiasco. Who is to blame is not the SEC, but the management who allowed this to get out of hand. the Chief

To: Claude Cormier who wrote (8735)	7/8/1998 6:06:00 PM
From: John Flaherty	Read Replies (1) \| Respond to of 34075

Mr. Cormier: You said: " Even if his track record is good, the problem remains...and that is: By all standards, the worked performed at Cangalli (number and locations of samples) is not supportive of the conclusions he advanced." So are you really saying that if Guido has proven up, lets say five mines for arguments sake, and in all those cases he used standards that are out of the norm (not U.S.) but his calculations ended up being correct, that wouldn't have any bearing on your beliefs? If that where the case I'm sure it would carry a lot weight with me and many others that are looking at this stock. I understand that standards must be met for big money to come in, but since that hasn't happened yet, his track record would be very helpful IMO. And on the other hand it would even be more helpful to know if he's had problems like this before, though that's not what I believe, I'd like to have that as a fact. Again thanks for all your help and for truly being a gentlemen at all times, your a class act. TIA John F.