Mongolia Gold Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.44

-0.2%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: d:oug who wrote (3847)	10/2/1999 5:39:00 PM
From: Dave R. Webb	of 4066

You and I are both aware that the recent rise in the price of gold was inevitable. You might want to check Tyhee's 1998 Annual Report, where in the Message to Shareholder's section we predicted that the price of gold was likely to rise rapidly around mid-1999 (we missed by a few months) to around the US$350 range (off by a few percentages as well). Predicting the price of gold is difficult if not impossible; predicting the trends for the alternative investments (US$, Debt and Equity markets) is far easier. It is these markets which are thousands of times larger than the gold market which are much more important. Tyhee is positioning itself to be in the right place at the right time. We were ready for the recent gold price move, and we'll be ready to capitalize on the next market developments. I think some of the movement we've been seeing peripheral to the gold markets is much more significant that the movement in the gold market (which many had been expecting). Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next