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

To: Tim Davies who wrote (18411)	5/2/1999 10:21:00 AM
From: Mike P.	Respond to of 34075

Thanks Vince, good post doesnt audit mean verifying the probability of the numbers with the use of random sampling? Auditing is not an exact science, should the BD report come back positive even with as much as a 10% margin of error (which would be pretty sloppy auditing), we are still looking phenomenal (sp) given the numbers being audited. What more could we possibly ask for from BD. Irrelevent till we are off the pinks. Poeticjustice with auditor hat on, April birthday, still having a rough time coping with the turning 30 thing.

To: Tim Davies who wrote (18411)	5/2/1999 1:48:00 PM
From: Vince Moretto	Respond to of 34075

Tim & Mike, Yeah I believe your are right, I may have been a little too optimstic in reference to the development of a mining plan. I believe that may be the subject of future work by BD. In regard to the audit of Guido' s work, Terry Turner clearly stated in his last message to shareholders that BD's work would not be adequate to demonstrate proven reserves. As has been discussed at some length by Claude and others the type and number of samples would be inadequate to establish a proven resource by industry standards.