Mongolia Gold Resources Message Board

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Gold/Mining/Energy : Mongolia Gold Resources

MGR 20.93

+0.1%

Dec 8 3:59 PM EST

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To: Phil Jones who wrote (2437)	7/15/1998 6:51:00 PM
From: Bill Jackson	Read Replies (1) of 4066

Phil, Some shares are very colorful and make better wallpaper than others. The share value is an aggregation of all factors. Money in bank, gold in ground, POG, harmony among partners, value of physical assets etc. Right now gold in ground is worth $10-20 per ounce. Cash is cash. Mill has gotta be worth 10 cents/share alone, but it is devalued by POG and lack or mobility. POG? what can I say, Harmony? Public confidence? Fear of Mongolian rule of law favoring MAC, Companies can go all the way down and yet come back when the factors that kill their values are eliminated. At this price it is a good spec. If it dies you lose 10 cents a share, if it comes back you will get $2-5 per share(if all negatives go away) So 10,000 shares cost you about $700 US$. Buy some and risk it. If it comes back you will get $10,000 plus? If not you blow $700. I hear you blow $700 on a friday night Pizza binge once a month<G> Bill

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