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

To: rjbac who wrote (11265)7/27/1998 12:28:00 AM
From: ba2efoot  Read Replies (2) | Respond to of 34075
 
BEANS. I Don't KNOW about Eagle however I have heard it doesn't paid to mine the stuff. Even the current price of gold is unlikely to hold up. Both nations and banks are selling their reserves. US dominance,currency co-operation,put your reason here,have removed gold from its traditional monetary support role.
If and as long as the above is true all gold exploration or mining stocks are a exercise in futility.
Ba2efoot's opinion.


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