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

To: rjbac who wrote (12130)	8/9/1998 2:12:00 PM
From: Geita	Respond to of 34075

Dear Bac, I honestly do not know. Too many variables. An advantageous price for one. Major players also want to buy low and sell high. What is their opinion of Guido, his reliability? How much credence is given the UN report and other independent surveys? If they believe the gold is there do they think it can be extracted economically? A buyout would effectively eliminate problems with the SEC and the financials. One thing I have observed about major gold players: they hold their cards very close. They say nothing until asked, when pressed they say the very minimum. Golden Eagle has assumed the same posture. If there are negotiations we probably will not know until finalized. Realistically, Bac, neither of us has enough information. Our differences are based on viewpoint. I see no reason to get out, and you see no reason to jump in. Bill Leahy