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


To: the Chief who wrote (13978)10/9/1998 10:38:00 AM
From: REDDY  Read Replies (2) | Respond to of 34075
 
Chief,

True statement... "When evaluating any "technique" the only standard you can evaluate it against is the IMS!!"

But.....the September 25th 8k states...."management of Golden Eagle has concluded that the techniques used by Mr. Paravicini were insufficient to justify the calculations made"

How did they do that? Leaves much open to interpretation eh? It appears that the management of golden eagle without the advice of knowledgeable consult, since they do not reference any, came to a conclusion based on "feelings"!?!?

We also don't know what guidelines Mr. Paravicini was operated under to produce the report. We have no way of knowing whether or not his conclusions are outside the IMS guidelines with the information we have to date.

Still hold and waiting for the next card.

reddy