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Gold/Mining/Energy : Mongolia Gold Resources
MGR 20.90-0.8%Dec 5 3:57 PM EST

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To: Phil Jones who wrote (3786)9/4/1999 7:53:00 PM
From: d:oug  Read Replies (1) of 4066
 
Phil, a reading of current posts by Trevor and Dave has caused me to
redefine my situatione here as at the same time my glass is half empty
and half full. Its like the light at the end of the Mongolian tunnel was
a light bulb that burned out, but no its still on and burning and it will be reached
by us in a future day, but what happened was that Dave decided that it
was time for MGR to escape the Mongolian tunnel and search for nourishment
elsewhere else a slow and painful end we will have. So Dave tunneled a long
deep hole thru Earth from Mongolia and popped up in the northern western
part of Canada. But Dave now had to do something he always thought would
not have to be done, but the people who represent the Mongolia nation
have decided to let others in thier country to dictate their petty lives
over the well being of its citizens and block a MGR MAC resolution to a
straight forward and clear settlement knowned by all others to be correct.

But no, and Dave had to open that trap door under us and cause us to
fall out of that Mongolian tunnel down down to the center of the earth
and then up up to pop out in the top left of Canada.

It was a painful trip to be sure, as any 20:1 consolidation cannot but be.

So glass half empty with consolidation and poor quality Mongolian light bub,
but glass half full as we now explore unexplored land.

This is now speculation at its best and worst as Dave can now break rocks
and dig dirt and hope to discover, while at the same time listen for
accountability and correctness to be created from Mongolia thru the few
who live by those words.

<<only way an NWT ....oops, Northwest Territories'resident might>>

Looks like we who live outside the Northwest Territory either have
to say the whole Two words, or maybe N.T., but not N.W.T. as the west is
part of the North name.

Anyway, I hope this name thing will be the only or biggest problem we
shareholders have to deal with.

<<I'll *** ** put some effort into the web site in the next
*** weeks. The consolidation, name change, property acquisition>>

Dave, its been a long hard trip for us all, so maybe an official
news release attached to the web site that will contain your progress
in these weeks ahead, and then work on the web site. Long term it
will be better not to spend time in the modification of the current MGR
web site to twist and turn it into a TDC one, but to wait a couple months
and if the news is good, then it would be a better business decision to
allocate the money needed for a modification and add to it and hire a
professional web builder who did other mining companies and start from scratch.

<<The Tyhee office is a very lean operation now, and I'm very dependant
on our accountant and V.P to get most of the real work done.
They're working miracles, allowing me to go out and break rock.>>

That saying the Peace Corp use to say...

"The hardest job you ever loved."

So I hope your spirits are up and you feel as excited as you were on your
very first rock breaking just after your formal education.

Doug
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