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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.45-0.2%Dec 18 3:47 PM EST

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To: Trevor R. Teed who wrote (3793)8/28/1999 12:11:00 PM
From: David R. Schaller  Read Replies (1) of 4066
 
Trevor, It's hard to get excited when we are down to an effective $.03/share. Any new project will require new money. Any new money will require dilution. Any dilution will be accompanied by further share depreciation.

Highly prospective properties would fall into Tydee Bowls hands only by accident/avarice/incompetence. The owner of such a property is probably having his head examined at this very moment. On the other hand the owner may have had difficulty getting other companies interested for (less obvious) reasons that may become obvious once the money is spent.

I noticed it has been 4 mos since posted to any of these forums. Why now? Are you affiliated with TDC/MGR?

Regards, Dave
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