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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.56+0.3%Nov 28 9:30 AM EST

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To: Phil Jones who wrote (3430)4/26/1999 11:15:00 PM
From: d:oug   of 4066
 
Phil, a GHFT (Glass Half Full Time)

Lost, but not forgotten, the other stuff in Dave Webb's news release,
for the CEO to leave, and for two other Directors to leave.

I would guess it very unlikely that these two new persons would agree to
join MGR if Dave Webb did not first present enough information to them to
be convinced of a good future for MGR. In my opinion, considering that
Dave Webb is the current president and that he did do a post yesterday to
this thread, that this means he has enough support from the other Directors
and most likely from, unknowned to this thread, very big quiet shareholders,
that the situation may be as bad as we all fear, but Dave Webb have some
information that he cannot disclose, that will translate to better times
for MGR.

And Phil, the "Death Rattle" you hear is just BearCatBob rattling that
voodoo shaker trying to get his oil stock back up to where they were
when he brought them. Rumor has it that BearCatBob now has a room filled
with candles and a big used witches pot in the center of the room.

Also, tomorrow BearCatBob will attend a how-to make dolls of those
persons responsible for low oil prices. Sticking pins included.

Also, not sure, but reports of a live chicken in BearCatBob voodoo room,
and Bob is trying to catch it, for what I do not want to know.

Maybe BearCatBob wants to become MGR's new CEO ?

Actually, with someone chasing a live chicken round and round in a small
room, its can also look like the chicken is chasing BearCatBob.

will not stand for re-election at this year's annual general meeting

Messrs. E.G (Ted) Kennedy P.Eng., Chairman and CEO of the Company,
Mr. J. (Seamus) McGlynn M.D., and Mr. L.J. (Lu) Manning P.Eng

will stand for election at this year's annual general meeting

Mr. G. (George) Malby B.A.Sc., M.B.A. and
Mr. A.W. (Alan) Tambosso B.A.Sc., P.Geol

George Malby B.A.Sc., M.B.A. graduated in engineering from the
University of Waterloo and obtained his M.B.A. from the University of
British Columbia. He holds a Canadian Securities License from the
Canadian Securities Institute, a Real Estate Sales License from the Real
Estate Council of British Columbia, and a Mortgage Brokers' License for
the Province of British Columbia. Mr. Malby has been a director and
senior officer of several public companies and is active in the real
estate finance market and is currently president of Future Financial
Corporation.

Alan Tambosso B.A.Sc., P.Geol. graduated with honors in engineering from
the University of Toronto and is a member of the Association of
Professional Engineers, Geologists and Geophysicists of Alberta. He has
been a senior officer of a TSE-listed company, and as Vice President,
Exploration assisted the development of this company from producing just
over 100 BOPD to over 8,000 BOPD in just over three years. Mr. Tambosso
left to form his own private company which was recently merged with an
ASE-listed company. He is currently a senior Vice President and has been
nominated as a director of this ASE-listed petroleum company.

Doug
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