Mongolia Gold Resources Message Board

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Gold/Mining/Energy : Mongolia Gold Resources

MGR 20.90

-0.8%

Dec 5 9:30 AM EST

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To: Pete Schueler who wrote (1948)	3/30/1998 10:02:00 AM
From: Dave R. Webb	of 4066

Interesting thought Pete. Our equity in Bumbat is over US$6 million, or almost CAN$10 million with no debt. Our current market capitalization is closer to CAN$5 million. It would be much cheaper to buy MGR than buy the project at these current prices. I wonder if they have bought any shares?

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