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

To: gregor who wrote (8802)	7/8/1998 5:09:00 PM
From: Tom Frederick	Read Replies (1) \| Respond to of 34075

Gregor, you are making a fatal mistake in trading stocks. You are confusing loyalty towards your "dying lady" with smart money management. Read the 8K report. Read what the SEC had to say about the reporting from GE. My interpretation is that the SEC is not necessarily doubting the existence of gold at the property, they just have serious questions about how they came to the specific conclusions on the estimated size of the deposit and the methodologies of testing and ensuring independent verifiable results. The SEC is unlikely to have a hidden agenda. After all, a huge gold find would help the whole industry right now. What is of the most concern to me is the restriction by the SEC for GE to distribute any test data until AFTER independent audits are complete. This puts serious questions as to what those results might be. It seems a little bit of a stretch that many on this thread seem to "know" MORE about the results of Guidos testing than the SEC does since only the SEC actually saw the report AND had the chance to ask management to explain the conclusions. For those who are "sure" GE will prevail, just ask yourselves this question. Am I sure because I really, really want to make alot of money on MINE?...or...Am I sure because all the factual information and unfolding events continuing to support the existance of a huge deposit? Anyone can choose to invest anywhere they like. Just keep as objective as you can and come to your own conclusions. If you now conclude that the SEC issue will just blow over, fine. Good luck. If you conclude that the SEC issue will be an anchor on the company until all testing can be confirmed and GE given a clean bill of health, then you have to decide your next move. And you may choose to just hold and wait. Whatever your choice I wish you luck. Tom

To: gregor who wrote (8802)	7/8/1998 5:13:00 PM
From: the Chief	Read Replies (2) \| Respond to of 34075

HI Gregor. I am really not sure how to answer your last post! but I will try, my comments are between <<>> But to say I am long the stock and close my ears to any shorters argumentation is just as foolish as your closing your ears to real positive results of say Guildo's translated, documented research which should have been published by now . << I think this is one of the problems "the documented research has not been published". In fact to publish it in its native tongue is not a problem because "babelfish" has an online translator. The lack of information out of this document, plus the "suspicions of the SEC have created their own problems, a problem GE could have avoided>> By yourself you are no threat to this company but with a company of others the real possibility is that this company will discontinue trading. << This is where we get into a "difference of opinion". Differing opinion will NOT cause this company to discontinue trading. The assumption, if I understand you correctly, is because there are 2 or 3 people that happen to support my thoughts, that they will override the 300 that support yours. I don't agree>> If I could pick an ogre it would be the SEC. Don't be altruistic and say that they are trying to help the poor investors , the innocent investors; that are being tricked into buying MINE. If you really think about it the innocent have not been hurt until they saw the SEC news worthy event of trading suspension plastered all over the USA Today front page. (the trading was definitely relegated to the pink sheets because of that article) A few posts back some guy writes on his 1 day old membership to SI that he purchased 50,000 shares based on the USA Today article and then "wonders" why it's trading is so eratic. So he probably got in at 1.50 and now can get out at .30 ( 80% loss in one day ). I kind of like to look myself in the mirror when I shave every morning. so, what can we say to this guy, gee sorry you had a bad day. << Actually , if I thought for a moment that the SEC wasn't doing just that I wouldn't trade on the US markets. The SEC can't save everyone. If this proves to be a poor investment, then they prevented the rest of the market from buying. Just as there is no recourse against those who made money on Bre-X their is little recourse for those who lost. If the SEC vindicates GE then investors will have to pay you a premium for your stock, a stock that gained that premium thru the scrutiny of the SEC. You can't have your cake and eat it too.....This is the "market" >> You surely are not a witch nor a devil and I never intended to say you were but by golly you are being manipulated by something to the extent you are being jerked around like a bb in a box car. << I do my own thinking, I really don't understand what you are saying here, could you ellaborate?>> If we desire MINE to continue to exist we must ALL support her because she is close to falling off the face of the earth. What you are doing is akin to giving a dying woman capital punishment because she ticked off a drunk driver before she got run over. Lets at least save the poor lady before we pronounce sentence. << It truly is out of ALL of our hands, postulating, hypothesizing and forming firm or wishwashy opinion, will neither diminish the size of this deposit or increase it. The SEC has control and will not relinquish that control until they are satisfied that their DD is complete. In the end GE will survive or die based on "WHAT IT HAS or what it DOES NOT">> Always a pleasure gregor the Chief

To: gregor who wrote (8802)	7/8/1998 5:14:00 PM
From: Sawdusty	Respond to of 34075

gregor, you said: "If I could pick an ogre it would be the SEC. Don't be altruistic and say that they are trying to help the poor investors , the innocent investors; that are being tricked into buying MINE. If you really think about it the innocent have not been hurt until they saw the SEC news worthy event of trading suspension plastered all over the USA Today front page. (the trading was definitely relegated to the pink sheets because of that article)" What would have happened if for instance there are serious problems with the report as well as other irregularities and the SEC neglected to act. Is it possible that the stock would have shot up to $5 or $10 on anticipation? Is it also possible that after a delayed reaction, if the SEC acted late and the stock tanked, that even more share holders, with even larger investments would have been hurt? I think yes it is possible...it has happened before. They have decided to move because of some info that needs further explanation when the stock was at .31. People had an opportunity to get out yesterday at much higher prices. If the SEC was being overly cautious, and all of the claims are substantiated, I would suggest that all holders will do very well. It was the COMPANY, through their releases that have raised the questions.....it is now up to the company to answer them.

To: gregor who wrote (8802)	7/8/1998 5:25:00 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 34075

I got the pink sheet all over my butt blues right now. < (the trading was definitely relegated to the pink sheets because of that article)> If this is true then, IMO, some US laws need to be changed to make the SEC criminally responsible for allowing prospective investors, the same one's they are embodied to protect, to be utterly and totally fleeced, screwed, blued and tattooed by the MM's and the whole pink sheet scenario. Orderly market????? Pink sheet all over my butt! I can go many ways with my shares - lotto ticket, sit back and wait: long term investor, believing in the gold, and GE, and content to sit back and wait for TT get the job done: or day trade, play it in and out, and up and down, maybe win, maybe lose my shirt, or: dump the whole mess of them, and do something more worthwhile with my time. If the SEC watched yesterday, watched today, and is out to protect, especially new investors, they have FAILED MISERABLY. Hell I'd rather see it halted, than this carnage. I'll go to work, go fishing, bag Bolivia, and check in again in a few months. Just my thoughts of the moment, Jim