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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: d:oug who wrote (3797)	8/29/1999 7:59:00 AM
From: Trevor R. Teed	Read Replies (1) of 4066

HI Doug: I doubt TDC will let go of the Bumbat. Not without a price. However, I also doubt you will see or hear TDC claim Bumbat is its main asset. As good as the Bumbat may be, it is in Mongolia and not North America. It is a LONG way from home. I am serious when I discuss this VMS property TDC now holds in the NWT. Not too many companies have an attractive unexplored property on hand. Regardless of some peoples' opinions, TDC is looking more and more attractive. There is not a whole bunch of paper out there. Once a few loose ends are tucked away TDC and the VMS will be very attractive. Sure dilution did occur and no one likes to be diluted. However, I for one would opt for dilution over a dead company. I have experienced that before. When a company dies the investment is diluted to ZERO. In a roll back we, at least, have a chance. I hope TDC continues to acquire attractive North American prospects. Actually, my preference is for Canadian property located in the NWT. The price of gold may someday be the salvation of the Bumbat but I for one am very happy to see TDC is not just waiting for that day. Trevor

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