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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.52-0.6%Oct 31 9:30 AM EDT

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To: Dave R. Webb who wrote (2932)12/13/1998 2:11:00 AM
From: d:oug  Read Replies (1) of 4066
 
More questions for Dave, but all easy ones this time.

Dave said in prior posts
+++++++++++++++++++++++++++++++++++++++++++++
As far as gold goes, if the big guys are buying it in hundred million
or quarter billion dollar lots, then I'd like some too.
+++++++++++++++++++++++++++++++++++++++++++++
majors swallowing juniors
consolidations going on in the gold market
top two predators in the gold food chain swallow (or attempt to)
multi-hundred million dollar big meals.
Barrick and Placer Dome are continuing to acquire.
+++++++++++++++++++++++++++++++++++++++++++++

Dave, the above big guys you mention, are these the majors you wrote
about in your prior posts. You also mentioned Barrick and Placer Dome,
and I guess these are the biggest of the majors.

So a simple question, the big guys and majors and Barrick and Placer Dome,
are these financial institutes that hold big share holding, or are these
the actual gold mining companies.

Second easy question, you said "then I'd like some too".
Are you saying that you want to buy a smaller than MGR gold mine company.

Third easy question, you said "consolidations going on in gold market".
Can MGR be eaten, and if so, good or bad.

<<< in very complex problems ... answers come easier if you don't
sweat the small stuff and look at the bigger picture >>>

Yes, but when I do it this way,
sometimes I see a forest,
where there are no trees.

Doug
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