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

To: rjbac who wrote (11227)	7/28/1998 3:22:00 AM
From: Geita	Read Replies (1) \| Respond to of 34075

Dear rjbac, Veritas! By all means we need the truth! I like your approach. You put forth a position, defend it well, even name a couple alternative selections though theyOve not performed well lately. Where can anyone find a more honest investigator? I agree with the facts youOve diligently assembled. Carried forward they will cause many of us some financial harm. ItOs your honest opinion that no rational investor would would get involved with MINE under these conditions. CouldnOt agree more - if one is a rational investor. However, if straightforward presentation of facts and charts were universally reliable there would be no losers. Merely sticking to preset formulas would guarantee success every time. We know that isnOt the case. A speculator doesnOt forsake truth or rationality developing an opinion, but may assign far more weight to a few facts than to a page full of true but less significant items. In the case of MINE there are other facts inconsistent with the obvious. How can 65MM restricted shares prey on 35MM unrestricted shares? Why does an insignificant, underfunded, miniscule company gain mining rights to what is historically the wealthiest gold area in Bolivia? Why would a Chief Mineralogist and Chief Metallurgist, formerly employed and presumably collecting pensions from a world-class mining company, associate themselves with a rinky-dink scandalized outfit that hasnOt got lunch money? The horse player in me smells a JV or takeover. Bill Leahy