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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.300.0%Dec 12 9:30 AM EST

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To: Dave R. Webb who wrote (3935)12/7/1999 8:37:00 PM
From: d:oug  Read Replies (1) of 4066
 
Dave, Thanksgiven in USA and Canada have pasted for this year,
and I finished eating the turkey, but I am able to produce a thought
that might seems like a turkey in the sense "no way".

Imagine that you are what I think you are, which is what you say you are.

That you have the mining know how in the technology of this company,
and also got a good hold on the business side in dealing with how this
company can continue from the Bumbat stalemate in Mongolia.

Now take two points:

(1) If you Dave Webb had an influx of cold hard cash then knowing what
you have been recently talking about, you could add to this company in a
way so that it indeed was super positioned for the expected change.

(2) Of Mongolia, MAC, bank and court system and those in general that are
the movers and shakers of that country, if they also share the vision and hope
that by this time next year the economics of gold will be extremely
better than the present, then the best situation for the country Mongolia
would be to own Bumbat 100% and only pay for mining know how from
the likes of this company TDC for a set fee.

So, let the country Mongolia settle the MGR/MAC/Bank Bumbat standoff
with a transfer of cash or something used as cash for TDC to let you become
a kid in a candy store able to obtain at low costs good stuff.

Mongolia gets back total ownership of all the gold inside Bumbat,
TDC gets the ability to obtain value in the depressed industry.

Presently it would be a gamble for TDC and Mongolia, to predict the future
value of gold inside Bumbat, and speculation by you/TDC to exchange Bumbat
for cash to purchase other local(Canadian) stuff.

I'am sure the country Mongolia thru the bank engaged with MAC could
come up with a series of events to accomplish this, but both sides would
need certain controls so that neither is at too big a risk.

Doug
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