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Re: SoxFan post# 1203

Thursday, 01/09/2003 1:13:31 AM

Thursday, January 09, 2003 1:13:31 AM

Post# of 8638
SoxFan,
Financials are those of a start up---no revenue exploration mine. All spending and no revenue until recently. One just has to believe. Their methodology has not even been totally proven, and cannot project any resource because of the way they are doing things. On the other hand, what they have appears to be very innovative and could pan out for all investors. This Company goes back about 5-7 years. As stated by others it is important to do your own DD, and to take any opinion with a grain of salt. Financial decisions should always be your own!
Terry


Here is the latest from GE:
SALT LAKE CITY, UTAH—(BUSINESS WIRE)---January 9, 2003---Golden Eagle International, Inc. (MYNG, OTCBB) announced today that its President and CEO, Terry C. Turner, will host a Conference Call on Wednesday, January 15, 2003, at 4:15 p.m. EST (3:15 p.m. CST, 2:15 p.m. MST, 1:15 p.m. PST), from the Company’s offices in La Paz, Bolivia.
Mr. Turner will give a presentation on the Company’s progress that has been announced recently, and an overview of the Company’s future plans. Topics in Mr. Turner’s presentation will include: a summary of Golden Eagle’s fourth quarter of 2002 during which the Company exceeded its production goals; the status of improvements currently underway at the Cangalli mine site; expansion projections for operations in the first quarter of 2003; and short-term and long-term goals and projections for the Cangalli gold mine.
“We have made such phenomenal progress since our last Conference Call, and have so much going on in terms of goals and projections, that I am excited to discuss it all with our shareholders, prospective shareholders, brokers and analysts,” stated Terry C. Turner, Golden Eagle’s President and CEO.
Mr. Turner will take questions from Conference Call participants after his presentation; however, due to time limitations, and to facilitate addressing the greatest number of questions, he will answer previously received e-mail questions first.
Please e-mail questions up to three hours prior to the Conference Call to Mr. Turner at: geii@earthlink.net
For access to the Conference Call from the U.S. and Canada, dial: 1-800-556-3831. For international access, dial: 001-972-512-0694. Please give the passcode: 00612. Participants may press “0” at any time for assistance once logged onto the call.
The streaming audio recording of the Conference Call will be available on Golden Eagle’s web site, www.geii.com, within 24 hours after the Conference Call. A written transcript of the Conference Call will also be posted on Golden Eagle’s web site, and copies will be made available upon request to the Company.
Eagle E-mail Alerts: Over 1,700 investors have signed up to receive Eagle E-mail Alerts in the past three months. If you are interested in receiving these alerts, please e-mail the Company at: eaglealert@earthlink.net.
Golden Eagle International, Inc. is a gold exploration and mining company
located in Salt Lake City, Utah, and La Paz, Bolivia. The Company is currently focusing its efforts on developing its mining rights on 74,000 acres in the Tipuani Gold Mining District, an area estimated to have produced 32 million ounces of gold in its known history, located in Western Bolivia; and continuing exploration on 125,000 acres in Eastern Bolivia’s Precambrian Shield. Golden Eagle is a mining company with a social conscience, having supported many humanitarian programs at its mine site. For the past six years, the Company has provided the only hospital, doctor and nurse in Cangalli, Bolivia. Golden Eagle also has provided for the educational needs of the students in 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.
For more information about the company, call Sabrina Martinez in Investor Relations at (801) 619-9320.
Forward-Looking Statements and Disclosure of Risk
The future conduct of Golden Eagle’s business and its response to issues raised by third parties are dependent upon a number of factors, and there can be no assurance that Golden Eagle will be able to conduct its operations as contemplated. Certain statements contained in this release, or that may be used in the Conference Call with Terry C. Turner, Golden Eagle’s President and CEO, using the terms “may,” “expects to,” “projects,” “estimates,” “plans,” and other terms denoting future possibilities, are forward-looking statements in accordance with the Private Securities Litigation Reform Act of 1995. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond Golden Eagle’s ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. These risks include, but are not limited to, the risks described in the above press release; those risks set out in Golden Eagle’s disclosure documents and its annual, quarterly and current reports; and the other risks associated with start-up mineral exploration operations with insufficient liquidity, negative working capital, and no historical profitability. Golden Eagle disclaims any obligation to update any forward-looking statement made herein.