Mongolia Gold Resources Message Board

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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.38

-0.3%

Dec 22 3:59 PM EST

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To: Dave R. Webb who wrote (2390)	7/4/1998 4:20:00 PM
From: Pete Schueler	Read Replies (1) of 4066

Dave, Can you give us any projected mining cost changes since the shutdown? Has the local currency made labor cheaper? Impact on cost per ounce? I'm looking for something to be optimistic about. Bearcatbob and others are hanging the crepe. I have a few shares of JVAG and their Mongolian project seems to be going down the tubes. ABX just invested $1.1 million in Java so I guess they didn't see the problem. Has MAC been talking to anyone like ABX? I'm off to 4th/July party. Thank God for our freedom and those who died for it. Best wishes for MGR and its owners, Pete

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