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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?

To: Dave R. Webb who wrote (3871)	10/17/1999 8:38:00 PM
From: d:oug	Read Replies (1) \| Respond to of 4066

Dave <<surprised at the lack of interest>> For me, yes & no. Holder of tdc shares generated from the 20 to 1 consolidation that were past posters on this thread now view the current share price of tdc with a conversion factor or 1/20. With a current tdc of 1 dollar a mgr'er shareholder equates its as .05 cents to reflect initial investment. If an mgr'er has a past average over one dollar, then they need to see tdc go to 20 dollars just to recover investment. If this person did lots of averaging down thru buying mgr at 10 cents, then they might have an averae of 50 cents, and need tdc to become 10 dollars. Neither of the above sharholder positions will be satisfied until prices of the resources mined by tdc increase and tdc becomes successful, which might takes 3-5 years. So to me its not a lack of interest, but just knowing that tdc is years away from a possible level to just return initial investment. The only thing that could change the long time frame to a short one is price of gold going over $400 and Bumbat restarted. The price of gold is now high enough that a resolution of Bumbat could draw speculation money enough to change a 3-5 year wait to 1-2. Those that have purchased tdc shares do not yet have that SI thread available, and most likely those that hold tdc thru the consolidation view only news on Bumbat of Mongolia as meaningfull, especially with the price of gold situation finally changing for the better and with a possible move much higher. So this thread really is about tdc shares obtained thru that consolidation. tdc at 1.00 is like past mrg at 0.05 when 1.50 was a high This thread has no reason to follow Tyhee's current activities as they are in the beginning phase and long time away from any chance of tdc going to $20. This is the "Bumbat/Mongolian" thread, but I will add Tyhee updates as they arrive, and they will be discussed if only by me. First I must now visit the Gold Price Monitor thread to see if the GATA Attack in Denver will affect gold producer stocks on monday. doug