Golden Eeagle - 500 Beiträge pro Seite

[Tschonko]

Golden Egle ist ein Junior Gold Producer aus Salt Lake City.
Homepage: http://www.geii.com/index.php
Sie erzielen einen cash flow auf einem der beiden Gebiete in Bolivien.

Golden Eagle owns title to five gold mining concessions consisting of 49,900 acres (78 square miles) acres in the historic Tipuani Gold District 62 miles north of La Paz in western Bolivia. During its known history, this gold mining district has produced in excess of 32 million troy ounces of gold.

The company has estimated a reserve of 13,800 troy ounces of gold on a small fraction of its Cangalli properties.

The Company also owns 136,500 (213 square miles) acres in eastern Bolivia’s Precambrian Shield 160 miles north of Santa Cruz, Bolivia in the Ascension Gold/Copper Trend. This property has tested positive for large ore deposits known as volcanogenic massive sulphides ("VMS"), which have proven to host gold and copper.

The Company has acquired 2,500 acres (Buen Futuro) in the heart of its Precambrian holdings. The Buen Futuro property has undergone 10 years of exploration. Geologists have taken 30,000 samples on-site with diamond-core and reverse circulation drilling, as well as trench, pit and channel sampling. The Company has recently estimated proven and probable reserves of 84,000 troy ounces of gold, and 82 million punds of copper, on its Buen Futuro property.

Genaueres unter diesem Link:
http://http://www.geii.com/investors/reserves_summary.php

Jason Hommel ("Silberguru" schreibt am 2.3.2004 folgendes über Gold eagle:
„Golden Eagle is the last gold stock that I own. It has the lowest grade gold ore, and the largest exploration potential size of resources that I`ve ever seen. And yet, they recently became cash flow positive from their
start-up gold mining operations. They have one single 3500 ton per day plant, and could potentially build 20 such plants on their huge properties. I bought the stock due to the potential size of their resources, which should provide the greatest leverage as gold prices increase. Golden Eagle
has been intending to release resource and reserve estimates since mid-December, but they have not yet released complete resource data, as was explained on March 1 here: http://biz.yahoo.com/prnews/040301/lam088_1.html
I`m holding until I can get a better picture of their reserves, and market cap.--Cash flow positive from gold mining.“

52 Wochentief war bei 0,13 - heutiger Kurs bei 0,16.
Eigentlich ein idealer Übernahmekanditat.
Von den großen Reserven habe ich nichts auf der Homepage gefunden. Wer weiß mehr?

Grüße
Tschonko

[Tschonko]

Da hat was nicht ganz geklappt.
Golden Eagle – MYNG.OB – WKN 550601. In Berlin so gut wie keine Umsätze.

[Tschonko]

Golden Eagle Announces 25% Increase in Gold Production as Momentum Builds at Cangalli Mine
Monday June 7, 9:49 am ET
Targeted Mining System Shows 88% Increase in Production Levels

SALT LAKE CITY--(BUSINESS WIRE)--June 7, 2004--Golden Eagle International, Inc. (OTCBB:MYNG - News) announced today that its Cangalli gold mine continued to increase its gold production by recovering 18,724 grams, or 602 troy ounces, of gold in May.

The month`s production results were 25% better than the month before, and 49% better than two months ago.

"Gold recoveries from TPS increased sharply last month," stated Mac Delozier, VP for Bolivian operations. "Our TPS mining system is working as projected and significantly improving month after month."

The company`s Cangalli operation focused on its underground higher-grade production in May, recovering 90% of its gold from its TPS mining. Golden Eagle`s underground operations averaged 215 tpd over a 27-day work schedule, recovering 2.93 grams of gold per tonne, for a total gold production of 17,000 grams, or 547 troy ounces.

The company chose to limit its open pit operations during the month due to a substantial increase in energy-related costs, which currently make the company`s underground mining more attractive. A total of 5,438 tonnes were processed from the open pit, with an average grade of .634 grams of gold per cubic meter, or .317 grams per tonne, producing 1,724 grams, or 55 troy ounces, of gold.

Golden Eagle also announced that it has received a favorable Fairness Opinion from H.E. Dunham and Associates regarding the acquisition of the Gold Bar mill and plant. This is one of the final steps in Golden Eagle`s due diligence and the company is moving toward a closing date on the Gold Bar acquisition. Once the Gold Bar acquisition is completed, Golden Eagle believes that it will qualify for a potential listing on other national stock exchanges, and immediately intends to apply. In addition, once the Gold Bar mill and plant are added to Golden Eagle`s balance sheet, the company will apply for favorable grants and financing from U.S. governmental agencies to complete the dismantling, shipping and re-erection of the Gold Bar mill and plant on the company`s Buen Futuro property in Bolivia. Those agencies, with which Golden Eagle`s CEO met in Washington, D.C. during the week of May 17 through May 21, include: the Overseas Private Investment Corporation (OPIC), the Export-Import Bank (EXIM Bank) and the U.S. Trade and Development Agency (USTDA).

Eagle E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the Company at: [e-mail].

Golden Eagle International, Inc. is a gold exploration and mining company located in Salt Lake City, Utah; and La Paz and Santa Cruz, Bolivia. The Company is currently focusing its efforts on developing its mining rights on 49,000 acres (77 square miles) in the Tipuani Gold District located in western Bolivia, which has produced 32 million ounces of gold in its known history; and continuing exploration and development on 136,500 acres (213 square miles) in eastern Bolivia`s Precambrian Shield. Golden Eagle is a mining company with a social conscience, having provided many humanitarian programs at its mine site, including the only hospital, doctor and nurse in Cangalli, Bolivia, for the past seven years, as well as having provided for the educational needs of the students of the area. The Company highly recommends that you review its disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found at its website: www.geii.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISKS

Some of the statements in this press release are forward-looking statements and as such are based on an assumed set of economic conditions and courses of action. These include the ability of Golden Eagle to obtain the necessary financing on reasonable terms, estimates of mineral reserves and future production levels, expectations regarding mine production costs, expected trends in mineral prices, and statements that describe Golden Eagle`s future plans, objectives or goals. There is a significant risk that actual results will vary, perhaps materially, from results projected depending on such factors as changes in general economic conditions and financial markets, changes in prices for gold and copper, technological and operational hazards in Golden Eagle`s mining and mine development activities, uncertainties inherent in the calculation of mineral reserves, mineral resources and metal recoveries, the timing and availability of financing, governmental and other approvals and other risk factors listed from time-to-time in Golden Eagle`s Form 10-K and its other reports filed with the Securities and Exchange Commission. Golden Eagle disclaims any responsibility to update forward-looking statements made herein.
--------------------------------------------------------------------------------
Contact:
Golden Eagle International, Inc.
Investor Relations:
Sabrina Martinez, 801-619-9320

Sabrina Martinez, klingt irgendwie gut, der Name hat was.

[Tschonko]

Golden Eagle Moves to Head Off Perceived Market Manipulation in Its Share Price
Tuesday June 15, 6:01 am ET
Company Initiates Three-Pronged Attack
CONTACT: Sabrina Martinez, Investor Relations of Golden Eagle International, Inc., [phone]


SALT LAKE CITY, June 15 /PRNewswire-FirstCall/ -- Golden Eagle International, Inc. (OTC Bulletin Board: MYNG - News) announced today that it believes that it has been subject to manipulation by unknown parties of the price of its shares on the Over-the-Counter Bulletin Board (OTCBB) in the form of illegal short selling. The company believes that such market manipulation has created an artificial market response to Golden Eagle`s positive progress regarding gold production trends at its Cangalli gold mine in western Bolivia and expansion efforts at its Buen Futuro gold/copper deposit in eastern Bolivia.

"In 7 years as Golden Eagle`s CEO, I have never seen the market behave as arbitrarily as it has during the past three months," stated the company CEO, Terry C. Turner. "We believe that our recent trading activity, in the face of our positive corporate developments, defies explanation by traditional market forces. Our upward trend in gold production at Cangalli that has seen a 25% increase over a month ago, and a 49% increase over two months ago, as well as our announced potential production growth by adding 3,000 troy ounces of gold and 4 million pounds of copper per month at our Buen Futuro gold/copper deposit, we believe ordinarily would have contributed to a significant increase in our share price."

As a result of this perceived market manipulation, Golden Eagle has undertaken three measures to combat market interference from shorters: First, the company has hired a law firm, which has specialized in de-listing American companies that were involuntarily listed on the Berlin Stock Exchange, to de-list Golden Eagle`s shares from trading on that exchange. Second, the company has hired a separate law firm specializing in securities litigation to evaluate which pending lawsuit may be appropriate for it to join as a plaintiff against the defendants in those suits: the Depository Trust and Clearing Company (DTCC), the Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC), and other entities that directly or indirectly may have contributed to the capabilities of market manipulating shorters. Third, Golden Eagle is requesting that its shareholders request that their shares be converted to paper certificates and either be physically sent to the shareholder or physically be held by the shareholder`s stockbroker.

Golden Eagle believes that the measures above, and others that may result from current investigations under way by the Securities and Exchange Commission (SEC) and the National Association of Securities Dealers (NASD), may contribute to a fairer and more representative market for its shares.

Eagle E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the Company at: [e-mail].

Golden Eagle International, Inc. is a gold exploration and mining company located in Salt Lake City, Utah; and La Paz and Santa Cruz, Bolivia. The Company is currently focusing its efforts on developing its mining rights on 49,000 acres (77 square miles) in the Tipuani Gold District located in western Bolivia, which has produced 32 million ounces of gold in its known history; and continuing exploration and development on 136,500 acres (213 square miles) in eastern Bolivia`s Precambrian Shield. Golden Eagle is a mining company with a social conscience, having provided many humanitarian programs at its mine site, including the only hospital, doctor and nurse in Cangalli, Bolivia, for the past seven years, as well as having provided for the educational needs of the students of the area. The Company highly recommends that you review its disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found at its website: www.geii.com.

[Khampan]

die Praxis des illegalen shortsellings ist seit langem bekannt.
Warum kommen neuerdings die kleinen Goldproduzenten (vor kurzem wars Golden Phoenix) mit solchen news alerts heraus?

Können sie bzw. ihre CEOs nicht einfach stattdessen ihre Aktien aufkaufen, wenn sie sich ihrer Sache so sicher sind...?

Macht mich fast ein wenig mißtrauisch.

Khampan (bei 0,12 USD eingestiegen)

[Tschonko]

Ja, Misstrauen kann nie schaden.
Ich hab sie gekauft (bei 0,16$) weil sie
gute Reputation in Bolivien haben
sie etwas Cash flow haben
zwar nur low grade, aber viel vorhanden ist, also ausbaufähig
sie zu niedrigen Kosten produzieren
möglicherweise einmal übernommen wird
sie noch sehr unbekannt sind.

Ja, man weiß halt nicht, wie die CEOs selbst bestückt sind.
Lassen wir uns überraschen. In einem Jahr haben sie dann die Mill in Bolivien, da dürfte dann mehr weitergehen (siehe Posting #3 Mitte).
Tschonko