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


To: CIMA who wrote (11409)7/28/1998 8:25:00 PM
From: E. Charters  Read Replies (4) | Respond to of 34075
 
Open Letter to Mr. Birge:

Hey Cam! Hear you got a ticket to go to Bolivia, of all places to inspect the workings of GE, those big mines boys. Congratulations. Let me be of assistance to you in any way I can. I understand you are going with a geologist. Good I have been in the mining and exploration business for 20 years and even went to to school to take a few courses in geology and the like, just to stay harp. I don't figure I have to go to Bolivia to get the gist of where Golden Eagle is at but to keep an open mind I would share with you an honest and careful opinion of all data you may come across. I worked for Tintina Mines, TSE as a placer mining consultant and also as a miner and superintendant at a few other operations. I may be able to give you a few germane pointers that may help you with your analysis. It may help to take a few samples yourself. I used to take photomicrographs of placer samples with a 35 mm camera and adapter and binocular 60 power microscope. You can tell a lot about a sample's value that way, especially if you have panned it yourself. It may help if you are going in the field to take a 14 inch Estwing gold pan with you. It is easy to learn to pan if you are co-ordinated and there is nothing like a bit of hands on testing. A feel for whether the visual results are significant is a matter of experience. Knowing where to take the samples in virgin ground is also a matter of knowledge. But you have little time to learn so it's off to the races.

I read the 10K of this company and I know some people who used to mine Tin in Bolivia. The problems with foreign mining in Bolivia in the past were mostly political. No doubt it has a lot of untapped potential.

157 million ounces of gold is 4882.7 million grams. At one gram per ton that is 4.8 billion tons. Lets say the deposit is 200 feet deep and 2640 feet wide. It would be 28 miles long. That is right, 28 miles long 1/2 mile wide and 200 feet deep.

Could it be there? Well California has a lot of big deposits that collectively may have approached that size. One valley is a bit of a stretch. To prove this and to disprove this I would estimate that you would need to take a sample at least every 1/4 mile square. That sample should be to bedrock too. That means an augur drill hole. So that is 56 augur drill holes to give us a regional idea. Failing that, take some screens. 2 feet square. 8 mesh and 14 mesh. Put 150 pounds of select gravel from high energy areas through the screens and pan the sand in the sub mesh size. It should be 15 pounds after screening. Pan it down to about 6 ounces and split it and get a bottle roll cyanide on the reject and tell us the results. Take about 250 of those samples in the area in high energy areas and some in relatively low energy areas and take notes. I estimate with 6 trusted assistants you can complete such a sampling expedition in about 2.5 weeks with transportation support. Cost to assay the samples would be about 7500 dollars.

Have a good trip. I daresay it will be inconclusive but have fun.

echarter@vianet.on.ca

The Canadian Mining Newsletter



To: CIMA who wrote (11409)7/28/1998 8:31:00 PM
From: Mr Metals  Read Replies (2) | Respond to of 34075
 
I apologize to anyone who is angry and disappointed by me doing the interview.

Don't you dare apologize to anyone on this thread! You and a few others have done more for MINE and their shareholders then everyone combined on this crazy thread.

Please keep up the excellent job you're doing.

Cheers buddy,

Mr Metals



To: CIMA who wrote (11409)7/28/1998 9:06:00 PM
From: Cytotekk  Read Replies (3) | Respond to of 34075
 
CIMA - I have been receiving emails from certain stockholders that think that any of us calling Behre Dolbear & Co. at this point would be a bad idea. If not bad, at least unproductive.

They feel that it might appear that we stockholders distrust the information in the 8k and that we think that GE is not as forthcoming as they could be.

Therefore, I have decided to postpone calling BD until we have specific questions that they can answer. Right now all they could do is confirm that they have a contractual arrangement with GE.

After we know that geological reports have been reviewed and we know the details of the third party verification, then I think they will be able to answer specific questions. Things are only in the formative stages at this point.

If anyone disagrees, please let me know. If we have questions regarding the contractual arrangement at this point perhaps Guy or Sabrina can enlighten us. I have decided that the information we may desire should be coming from the Golden Eagle management.

I will call, though, if elected.....Colleen in Orlando.




To: CIMA who wrote (11409)7/28/1998 10:49:00 PM
From: john  Respond to of 34075
 
<One has to be ready to "take it" as well as "dish it out". >

I was interviewed and misquoted in 1982, have never been interviewed since absolutely refuse.