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


To: Cytotekk who wrote (11028)7/24/1998 10:45:00 PM
From: RMF  Read Replies (3) | Respond to of 34075
 
A lot of very good companies that work for years to prove up 100k ozs. never get any press.

MINE does demean a lot of very good mining companies.
Do you know that MINE has a cap. greater than Marwest and St. Jude and Argentina Gold put together?

Probably not, because none of those companies ever said they had over 100 million ozs. of gold.

I live in the U.S. and I invest in Canadian resource stocks, but people I work with ask me if the companies I invest in have 4 billion worth of gold like MINE.

I tell them that I have some really good companies that have proven deposits of 1.5 to 2 million ozs. Very sound companies that hhave done years of work to define their deposits.

They say they've got MINE and they'd like to get at least a 100 million ozs.

So, when this piece of crap goes bust I'm not going to feel that bad about it, but YES there is going to be major damage to mining stocks in the U.S.