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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.45-0.2%Dec 18 3:47 PM EST

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To: D. Bryan who wrote (2323)6/30/1998 8:39:00 PM
From: Harmattan  Read Replies (3) of 4066
 
D. Bryan,

I assume the sharp barbs on your string of words are a spontaneous expression of frustration or for effect as a cattle prod. The points you make are legitimate and need to be addressed (as is the case with any company on an ongoing basis). But IMO your tone and choice of wording is misplaced. You speak of Dave's "condescending tone", quoting one phrase , without taking into account the plain fact that he steadfastly continues to respond here on this thread in this bearest of bear markets to the frustrations of shareholders. Maybe you don't like some of his answers, but the singular and almost unique fact remains; he has stuck around to face the music on this thread. You negatively compare Dave to Winston Churchill and harshly dismiss him as not "inspiring confidence". I hold a diametrically opposing view based on the evidence. Given MGR's dismal performance, I suggest shareholders loyalty here on the thread and elsewhere among some silent shareholders is clear testimony to the fact that Dave's persistent presence on a public forum in a horrendous marketplace is evidence of personal character, and further, demonstrates the ability to "inspire confidence" in shareholders. I assume his geological competence. I cannot attest to his business acumen. However, simply based on what I have seen demonstrated as personal character, and trust is often all shareholders can cling to when details of deals get murky, I would give Dave my money any day. Given the amount of promotional hit and run sleaze I have run into on the VSE, Dr. Dave Webb is absolutely refreshing. For anyone following MGR, the recent media articles, both in timing and content, speak volumes. Its all been out there for some time for anyone that wished to do their DD. It hits the news as if a fresh new story when it certainly is not. That slant speaks to the character of the authors, editors and publishers of the articles. IMO it adds nothing informational about Dave's competence. Speaking solely to your question of "inspiring confidence" and saying nothing about business skill, I think you are absolutely wrong. And I believe there are many that feel as I do. If Mongolia Gold survives this dismal market and someday thrives, IMO it will be precisely because it has a man like Dave Webb behind it.

(I have been a shareholder of MGR. I currently am not. Someday, when the bear goes to sleep I will be again).

regards,
ghunk
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