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

To: Richard L. Williams who wrote (11208)	7/26/1998 2:01:00 PM
From: Alan Markoff	Respond to of 34075

sec.gov The open-pit production schedule set for the end of April 1998 is postponed indefinitely until Registrant has had an opportunity to raise capital or find a partner or joint venture. In addition, ISP Engineering, who was extremely patient with Registrant during weather-related delays, has informed Registrant (June 1998) that it must assign its equipment destined for the Cangalli open-pit project elsewhere to other productive projects. ISP has returned Registrant's equipment mobilization deposit and exercised its contract right regarding delays to withdraw. Registrant has retained an attorney to file a registration statement for a secondary offering of up to 10 million shares of Registrant's common stock for capital to begin open pit mining. However, Registrant cannot assure that such efforts will be successful, particularly in light of recent actions taken by the SEC regarding the suspension of trading in Registrant's shares, and the pending civil action between the SEC and the Registrant. The registration has not yet been filed.