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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.65+1.0%12:03 PM EST
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To: Dave R. Webb who wrote (3871)10/17/1999 8:38:00 PM
From: d:oug  Read Replies (1) of 4066
 
Dave <<surprised at the lack of interest>> For me, yes & no.

Holder of tdc shares generated from the 20 to 1 consolidation
that were past posters on this thread now view the current share price
of tdc with a conversion factor or 1/20. With a current tdc of 1 dollar
a mgr'er shareholder equates its as .05 cents to reflect initial investment.

If an mgr'er has a past average over one dollar, then they need to see
tdc go to 20 dollars just to recover investment. If this person did
lots of averaging down thru buying mgr at 10 cents, then they might have
an averae of 50 cents, and need tdc to become 10 dollars.

Neither of the above sharholder positions will be satisfied until prices
of the resources mined by tdc increase and tdc becomes successful,
which might takes 3-5 years. So to me its not a lack of interest,
but just knowing that tdc is years away from a possible level to just
return initial investment.

The only thing that could change the long time frame to a short one
is price of gold going over $400 and Bumbat restarted. The price of
gold is now high enough that a resolution of Bumbat could draw
speculation money enough to change a 3-5 year wait to 1-2.

Those that have purchased tdc shares do not yet have that SI thread available,
and most likely those that hold tdc thru the consolidation view only
news on Bumbat of Mongolia as meaningfull, especially with the price
of gold situation finally changing for the better and with a possible
move much higher.

So this thread really is about tdc shares obtained thru that consolidation.

tdc at 1.00 is like past mrg at 0.05 when 1.50 was a high

This thread has no reason to follow Tyhee's current activities
as they are in the beginning phase and long time away from any chance
of tdc going to $20.

This is the "Bumbat/Mongolian" thread, but I will add Tyhee updates
as they arrive, and they will be discussed if only by me.

First I must now visit the Gold Price Monitor thread to see
if the GATA Attack in Denver will affect gold producer stocks
on monday.

doug
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