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Gold/Mining/Energy : Mongolia Gold Resources
MGR 20.90-0.4%Dec 5 3:57 PM EST
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To: Pete Schueler who wrote (1948)3/30/1998 1:16:00 PM
From: Phil Jones  Read Replies (1) of 4066
 
Pete: I was also wondering about that, as were probably some of the other investors. In that scenario there would be no incentive for the Mongolian partner to negotiate. I assume that when MGR first became involved with this Mongolian partner some investigation would have been done to evaluate the background and ethics of the partner. Dave, these scenarios are getting a bit unnerving. I can't see that the Mongolian Gov't. will be too happy with MAC screwing around MGR, since it will drive out other foreign investment.
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