Mongolia Gold Resources Message Board

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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.33

+0.1%

10:07 AM EST

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To: d:oug who wrote (3769)	8/18/1999 4:52:00 AM
From: Phil Jones	Read Replies (1) of 4066

Doug, don't think of TDC in terms of MGR -- The Sequel. MGR and the $10M invested in Mongolia are gone, yesterday, flown away. What Dave Webb has done is start a new company with a clean slate -- and little to offer. TDC/MGR shares are worthless paper. It's not I blame Dave Webb. He tried. It was a brave venture to go into a Third World country. Just the circumstances turned bad. Gold is at its nadir in all of World history, and Mongolia and its businessmen have shown to the rest of the World their true Banana Republic colours. When there is little investment in developing resources in Mongolia in future, the Mongolians won't have far to look for the reason. I'm sure that many other Western companies besides MGR/TDC have been stiffed. Too bad that MGR shareholders had to pay for the lesson.

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