Mongolia Gold Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.32

-0.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave R. Webb who wrote (1934)	3/29/1998 8:38:00 AM
From: Bearcatbob	Read Replies (1) of 4066

Dave, If the POG had been higher and the initial operation better there would be no need to inject new capital. There weuld have been money in the company from cash flow for startup. To say that the POG has little to do with this can be judged by readers. I guess another thought must be that you ran down your supplies prior to shutdown to maximize cash flow - probably to pay for the shutdown repairs. Dave, I am sympathetic with the actual problem. To me the potential for it was obvious. I think you would have served your followers better if you had been more open with it. The next problem will be the duration of the shutdown. I believe it was Phil who asked about the employment plans of the key people plus the individuals who were supposed to be trained to produce ore with less dilution. What are these individuals doing now?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next