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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.38

-0.3%

Dec 22 3:59 PM EST

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To: Bearcatbob who wrote (3604)	6/4/1999 11:24:00 PM
From: d:oug	Read Replies (1) of 4066

<<[current mgr]shares will be worth less two months>>after the consolidation Bob, the above ok for a beer bet, but the important bet is old post. To: Bearcatbob From: Doug Bob, I predict a better outcome for mgr shareholders. ... If so, then these actions were taken as necessary to happen before the next steps could be activated. A consolidation using the number 20 is not a low number like 10, or a very low but still substantial number like 2. But it is not the number like 100 which in effect wipes out all current share holdings, in effect resulting in all investments to be lost. My guessing is that Dave Webb had to decide to either... I like this approach because... If all above comes to be, then curent shareholders will see their initial investment returned in a couple years. Sad, yes, but not as bad as a total lost. Doug

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