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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.03-2.1%Dec 29 3:58 PM EST

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To: Bearcatbob who wrote (2749)11/2/1998 12:04:00 AM
From: marcos  Read Replies (1) of 4066
 
Bob, I didn't know you had an interest in Founders. I have a few ... it doesn't have a very active thread .... my junior gas pick would be GWX - a little more conservative, but with some serious drilling spice coming up this winter, five high-impact wells. They have a well with Shell undergoing testing right now at Quirk Creek, which is also in Turner Valley (I think, close anyway). They're undervalued already considering current gas/cash flow, imho.

Another one overlooked is Dynatec, dy.to ... mining services, gonna be something one day, 3Q report out in the morning or Tuesday, they say. They're in good with en/fn.

My third pick would be mgr, I'll likely take a few soon in Real Life even.
This one's not dead yet, and it's right down there in classic bottom fishing territory at a nickel. The whole country of Mongolia could come loose and float away into space and mgr would go on - and what is a nickel anyway. A 20+stock package of these little beaten-down bottomfish has done me well before. Of course, that's what I was thinking last Christmas at 16 cents too -g- ..... but it ain't dead yet.
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