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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.44-0.2%Dec 19 4:00 PM EST

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To: d:oug who wrote (3888)10/29/1999 10:12:00 AM
From: Phil Jones  Read Replies (2) of 4066
 
Dr. Dave, if something isn't done about the Bumbat Mill soon I can't see that there's going to be much left except a rusted pile of steel that's only good for scrap. And it's obvious the partner you had in Mongolia has ZERO interest in living up its obligations and doing anything further in regard to the Mill. So what do you see as the future (if any) for the Bumbat Mill. Is it now gone -- with all the investment that went into it??? Can you sell MGR/TDC's portion of it for some reasonable/unreasonable amount??? Even a part of its actual value is better than zero.
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