Mongolia Gold Resources Message Board

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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: Phil Jones who wrote (3913)	11/19/1999 5:11:00 AM
From: d:oug	of 4066

Phil, men and machines are the easy part for the mining industry, its the know-how technical expertise supplied by Dave Webb, and those on his team, that Mongolia does not have a supply of in country. Cost of man power and machinery to start up Bumbat is spent everyday by those who control and run that country for their own personal high living privileged life style. Sad but true most everwhere, but in a country like Mongolia you can see a high ranking government official display his or her concern that too many Mongolian citizens in the big cities live in poverty and needed is a way to uplift them thru moderization. Sounds good, and then after hoping foreign money enters the country they return to their homes and eat and live the high life while what one of these persons spends per day on food could feed a hundred homeless persons with low cost basic food supplies. Just the way it is everywhere in all nations that those high government people will not allow the initial wealth of the country to escape their own personal use. The country Mongolia can easily reopen the Bumbat mine without any hardship to the people of that country, and the wealth obtained would be great in return. But no, those in control "suck" for themselves 95% of the countries wealth for their own personal life style and hiden secret bank accounts outside the country for their later use. Just the way it is everywhere. So if gold goes up, the ability to restart Bumbat will be taken care of by the country Mongolia, but expect them to claim poverty and ask TDC to help out with a loan .... Doug

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