Mongolia Gold Resources Message Board

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Gold/Mining/Energy : Mongolia Gold Resources

MGR 20.90

-0.4%

2:48 PM EST

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To: Dave R. Webb who wrote (1795)	2/4/1998 7:33:00 AM
From: John H. Farro	Read Replies (1) of 4066

Dave, I think that acquiring an interest in the Terra Mine may be a good move because silver prices will probably be high over the next few years. Are there any plans to mine it in place? How many ounces of silver do you expect to extract from it a month and at what price? How long will it take before meaningful amounts of silver are mined? When do you anticipate a contribution being made to the bottom line and how large will that contribution be? (assuming silver stays above $6/ oz. Or am I asking the wrong questions. Were you just planning on exploring the mines to try to prove larger reserves and then selling MGR's interest to another company? Robin Messing (still holding and hoping)

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