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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.36

+0.5%

Dec 11 3:45 PM EST

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To: Dave R. Webb who wrote (1775)	1/27/1998 11:46:00 PM
From: slick stevens	of 4066

Dave...it is your perogative to plead the Fifth Amendment on non-MGR issues... The questions regarding these non-MGR issues, however, will not go away...until they are fully accounted for... And until someone accounts for what has transpired at GMD...your integrity may be questioned through guilt by association... I am not telling you anything you don't already know, Dave...and I am not accusing you of any wrongdoing...as you may recall, I have been supportive of MGR's potential and management's capabilities in the past.. I don't know the facts of the non-MGR (eg. GMD) matter...and I want to...and no one with authority seemingly wants to furhter advise shareholders regarding this issue on a formal (eg. news release) or informal (eg. SI) basis... And some shareholders, particularly those holding both GMD and MGR shares, may be far less patient and objective than am I...

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