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Gold/Mining/Energy : Mongolia Gold Resources
MGR 20.98-1.4%Dec 4 3:57 PM EST

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To: d:oug who wrote (3829)9/23/1999 4:36:00 AM
From: Phil Jones  Read Replies (2) of 4066
 
May the name Mongolia Gold Corporation live long in all businessmen's hearts as the Supreme Example of Third World Corruption!!!! The word must be spread loud and far of MONGOLIAN CORRUPTION so that no future resource investors will be stung. Dave Webb and every investor who went along for the MGR ride (including myself) were naive in the very extreme. Let the word go out from this day forward: stay away from resource development in undeveloped Third World countries. Maybe one day Mongolia will acquire The Rule Of Law, but until then, investing in Mongolia or any other Third World country is the same as throwing money into the wind.
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