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: Bearcatbob who wrote (2456)	7/29/1998 9:56:00 PM
From: marcos	of 4066

Just to keep the company alive while we're waiting for MAC, I guess. I think that the minimum PP price is .15, and that the loans were owed to current major shareholders. I wonder if there are warrants attached. Maybe not if the shares were issued to settle existing debt. I'm thinking of averaging down again, last time was at .12. What the hell, the whole thing was a gamble in the first place. Better odds than a lottery, imho - if and when MAC makes a decision, we should see .18 or .20 on a relief rally. Then it's up to the PoG. But petty cash only, no sense getting carried away. ... Big heat wave here, just cracked my first beer of the evening, and hey, I tell you, it does taste good .... salud ..... marcos

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