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


To: Jim Bishop who wrote (11510)7/30/1998 4:34:00 PM
From: Fund Manager  Read Replies (2) | Respond to of 34075
 
Jim, Don't take this the wrong way.
If GE has the gold why haven't the shares risen already??
The mining community is small enough that if it looked even probable,
other mining companies would be buying in the open market.
I know this isn't gold but look at diamond fields or even BRE-X for that matter (at the onset BRE-X looked legit..look at the price action) I for one don't believe that the pinks would stop the mining community from buying the shares if they believed it.
I can't believe that the market is that inefficient. Maybe the public doesn't know the story, but I find it hard to believe the mining community hasn't assessed the probabilities.

To all GE fans..don't start spamming this post just cause I brought up the issue. Think about it before you start flinging mud.