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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.480.0%11:30 AM EST

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To: Don craig who wrote (1754)1/23/1998 3:10:00 PM
From: Dave R. Webb  Read Replies (2) of 4066
 
Don, we've been threatening to get a realease out on the exploration results for some time...and it has been writen and is circulating for board approval. We try to get all the news out as it happens, but we have to decide what is material and what isn't. In addition, ongoing updates are not material, but shareholders want to see them anyways. Some news letter writers have even placed sell recommendations based on TOO MUCH news. A balance is needed, and for non-critical updates or clarification, there is always the phone, the fax, post or SI.

Dave
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