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


To: Mike P. who wrote (14951)11/23/1998 8:05:00 PM
From: Cytotekk  Read Replies (1) | Respond to of 34075
 
Poe - Call me extravagant but I think SUNR is a buy at 3/8. With the SEC nipping at all the GE principals heels, MINE is currently a buy at .09, imho.

I paid .30 for one block of MINE before the halt. Thank goodness I could get .50 for a while after the post USA article rocket up and immediate crash down back to reality.

Mine has more the 10X SUNR's shares out. That would make their shares at 3/8ths equivalent to a .04 MINE share.

If SUNR starts producing in Challana, coops may line up for Sunr's help in getting the gold out of the many concessions in the region.
I do not know whether SUNR can pull off Bolivian gold mining any more than GE, but I am willing to take a chance on that dream.

I once thought GE would be the main miners in the area but now I have my doubts. With the SEC problems, and major cash problems, a buyout looks to be necessary. Lots of GE shares out, lots of expenses piling up. A buyout may not be lucrative to shareholders. That is if a buyout occurs. I will hope for the best with regard to a buyout.

The BD audit and their potential future verification may make GE attractive to suitors, I will be around long enough to find out.
I truly hope that BD will prove up GE's Claim and embarrass the SEC.

I will stay with this saga until the end...whatever it is.

Colleen in Orlando.