Mongolia Gold Resources Message Board

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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.70

-0.3%

9:42 AM EST

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To: d:oug who wrote (2632)	9/14/1998 10:12:00 AM
From: Dave R. Webb	Read Replies (1) of 4066

Doug, I had my own ideas on the way men and women interact after they're married. One is based on fact, and the other on popular fiction. Either way, these interactions have little bearing on negotiating in Mongolia (as far as I can tell (I'm referring to the gold mining business (that's hard rock stuff (oh forget it, I'm running out of parenthesis)))). MGR's position hasn't changed, nor has MAC's. In our situation our shareholders have been bearing the brunt of the pain (of which the directors are significant members). In MAC's case, it's the bank's turn to feel the pain. The saying goes "all debts will be paid" is very true, and it's only a matter of time before the lesson is learned. Our equity holder has already felt the pain. The waiting game is focused on the other liability class, and sooner or later, that class will act. The result will be interesting. Dave

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