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


To: Dean Fontana who wrote (14956)11/24/1998 9:42:00 AM
From: Michel Grenier  Read Replies (1) | Respond to of 34075
 
Hi, Dino.
You say that you know they have offers for a buyout. Do you know that for a certain fact? I would like to believe it, but there is nothing in the information I have that support that. How reliable is your source? Do you know who has offers on the table? (I am not asking you to reveal the names know them, but just to say if you know eho they are).
I hope that you are right, but I have become extremely skeptical about any kind of positive info not backed up by solid facts.
Michel



To: Dean Fontana who wrote (14956)11/24/1998 11:03:00 AM
From: Jim Bishop  Respond to of 34075
 
Dino,

< I know they have offers but the timing is every thing.>

"know"? Ditto to what Michel has said.




To: Dean Fontana who wrote (14956)11/24/1998 11:15:00 AM
From: the Chief  Read Replies (2) | Respond to of 34075
 
I know they have offers but the timing is everything. IMO only!! they are getting the affairs in order and working on the buy out before coming off the pinks, Keep the share prices low, and this makes a buy out at $xx.oo dollars per share more attractive to the share holder and a better buy to the buyer.

I welcome some feedback


Feedback

How do you know they have offers? Who told you? Are the offers based on "if the gold is there???Of course they are! If there is any!!

I have been in mining stocks for 15 years, and one thing I have learned, is that the market knows...the market always knows!!
Lets just suppose you are right that "they have offers". Wouldn't you think that the rumour of "huge quantities of gold" would have escaped by now?? Wouldn't it be logical to see extensive buying pressure? Wouldn't you expect BD employees to be buying this by the truck load? (even though prevented by insider info rules?) Wouldn't you expect BD employee relatives to be buying this by the trainload? Wouldn't you expect "much like the Clairol Hair shampoo ad" she tells two friends and she tells two friends!!

I was accused on this thread of "doubting" the genious of Guido! ...and questioning his credentials...after all he is a PHD!! The plain truth (as I see it) is he did not do things in accordance with International Mining Standards(IMS) and predicted so!! I have been proven correct! The data to prove it was clear and available on the GE website!

Now assuming that Guido got some things right, why would TT say that this project could die!! Anyone with even 10 million recoverable ounces at less than $200.00 per ounce cash cost, would be wiped off the surface of the planet by NEM,ABX,PDG etc. etc in a hostile takeover. Bolivians would sell out so quicjk it would make your eyeballs spin!! TT would have to hold "seniors" off at the gates to the property, and they would still be throwing $1000.00 bills over he fence, just to get on his good side!!

Nope, my friend.....the market knows....and the market is saying, the deposit is likely uneconomical and has about 1% of the gold claimed!!

Comments?

the Chief



To: Dean Fontana who wrote (14956)11/24/1998 11:27:00 AM
From: Jon Matz  Read Replies (2) | Respond to of 34075
 
1. We can't view Guido's report
2. We can't view Behre Dolbear's report
3. We can't view the financial statements
4. We don't know how valid the SEC's charges are

Who has access to this information? Does the SEC allow prospective buyers to have this info? If nobody can see it then there won't be any buyer. But if a major can look at all this perhaps we do have offers on the table. But why the hell can't we see it??????

Who gave the SEC the power to deny shareholders of documents, however questionable, that could impact the value of their holdings? I agree they have a responsibility to warn us and even to prosecute illegal dealings. But once they've warned us, they should get out of the way!!!!

5. Heck, we can't even read the report we paid for on the CIMA
Fund trip, nor are we privy to MR Metals promised report

Frustrated, Jon