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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.51-0.3%Nov 14 9:30 AM EST

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To: d:oug who wrote (3375)4/21/1999 7:07:00 AM
From: David R. Schaller  Read Replies (2) of 4066
 
Doug, When a stock loses 95% of its value in a years time...I wouldn't be patting any of its executives on the back. I'm not in a position to speak of their competence but the stock market has voted.

No Confidence!

They seem to have shot their wad in the wrong country, at the wrong time, with the wrong partner. They have taken millions of dollars of investors money and turned it into pennies. Not the kind of thing that inspires much confidence. I hope they can turn it around but these kind of things have a momentum all their own.

I and my brokerage account wish it weren't so but the numbers aren't lying.

Dave

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