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


To: Ironyman who wrote (15196)12/10/1998 1:00:00 PM
From: GC  Read Replies (1) | Respond to of 34075
 
Last trade .10 volume 500 <eom>



To: Ironyman who wrote (15196)12/11/1998 6:57:00 PM
From: Jim Bishop  Read Replies (1) | Respond to of 34075
 
Eric, Dino, I put the production question to Guy today, he spoke with Terry and just got back to me. Guy did give me permission to pass the info on to the threads, so here it is:

Yes there is 24-hour-day work done in shaft. The primary reason is the constant seepage of water through the gravels. They mine enough to pay for the diesel (for the pumps) and pay some expenses down there. They do not break even. So, I guess the answer is GE is in limited production but mostly in a maintenance mode.