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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.43

-0.4%

Nov 4 3:38 PM EST

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To: Dave R. Webb who wrote (2940)	12/15/1998 11:10:00 PM
From: Phil Jones	Read Replies (1) of 4066

Dave, are there any plans for exploration work over the coming months? I guess nothing happens on Bumbat until (1) the Mongolian bank pays up the $900K or so owed on its 51%, and (2) the POG goes up somewhat. As far as the silver mine, is that waiting on the POS to go up? This is probably old ground, but I'm just looking for something encouraging to look forward to in the coming months on MGR.

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