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

To: Jim Bishop who wrote (13391)	9/25/1998 12:27:00 PM
From: EricE	Read Replies (2) \| Respond to of 34075

Mining news from Bolivia... Zinc Price Drop Costs Bolivia US$20mn - Bolivia September 25, 1998 Bolivia had lost almost US$20mn in revenue because of reduced exports of zinc at lower prices following the Asian economic crisis, said acting mining deputy-minister Alvaro Perez del Castillo. All metal prices had fallen, but Bolivia was most affected by zinc's tumble, he added. He said the government was extremely worried about current problems in mining because the country depended highly on the sector - 42% of its foreign earnings came from mining. The problems did not have a short-term solution, and recovery would take two years. He added Bolivian mining products were competitive at world level. He said gold was recovering slowly, but steadily, silver was profitable and the price was also recovering slowly. Co-operative and small-scale miners were worst affected by the problems, and to help the government was providing those sectors with financial support from the EU by donating equipment with a higher grade of technology, improving training and knowledge about marketing minerals. The government was also working on re-activating mining in Bolivia's west. Source: El Diario, Bolivia

To: Jim Bishop who wrote (13391)	9/25/1998 3:06:00 PM
From: Cytotekk	Read Replies (1) \| Respond to of 34075

Jim - Since you are not going to visit RB for a while, I am posting this on SI. Feedback from Guy. I sent Guy a PM with some questions that I wanted answered. Current shares out, well submission, etc. He left me a message on my voice mail at work. He is going to try to answer my questions but will be on vacation until October 5th. He did say the there is no truth to speculation that there is a conspiracy to keep MINE trading on the pink sheets. He said that the financials are a mess and GE's top priority is to get them up to date. He did not state a time frame as to when we can expect them to be finished. He also said that after the financials are completed, GE is going to be communicating more with the small investor. What that means I do not know. Maybe Guy has a plan to disseminate information to us. He also said that the rumor and speculation posted on the threads is fun but often not accurate. So much for Eric Parde's theory that the Genius, Terry Turner, is keeping on the pinks as part of some master plan. The Roach Motel is a random occurrence due to an accounting mess. I sure hope we can get off the pinks. Colleen