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

To: d:oug who wrote (3947)	1/20/2000 9:09:00 AM
From: Phil Jones	Respond to of 4066

Thanks, Doug. By Mongolia in my post I meant the Mongolian Gov't and not the average Mongolian citizen -- who innocently carries on his or her life with no clue about the business environment in Mongolia for investors from outside Mongolia. What I meant was that the Mongolian Gov't has driven away future foreign investment by not standing up to the Mongolians running MAC (who probably are tied into the Gov't) and thereby enforcing MGR's rights in Mongolia. Ask yourself what would have happened if MGR had moved its mill to the US instead of Mongolia and the US partner had refused to pay $800K owing. They wouldn't have gotten much sympathy from the US Gov't or its enforcement system. As far as TDC's share price, it would have to go to something like $5 for me to break even. Who knows. Maybe it will at some point. It's so low at present that there's no point in me selling; it's already dropped 95% of its value on my shares. Maybe if the POG/POS went up. Who knows what will happen. Phil

To: d:oug who wrote (3947)	1/24/2000 7:16:00 PM
From: d:oug	Respond to of 4066

(1) i's dotted & t's crossed (2) To me, Fed's Alan Greenspan hands are clean. Tyhee Development Corp.1/23/00 - Shares for Debt Agreement Accepted by Exchange TYHEE DEVELOPMENT CORP. ("TDC-V;TYHJF-L") Dr. D.R. Webb, President of Tyhee Development Corp. announces that further to News Release Series 3 Number 120 dated Friday November 19, 1999, it has received approval to issue 1,665,032 treasury shares of the company at $0.50 per share in full satisfaction of $832,516.15 debt. These shares are subject to a hold period expiring November 18, 2000; one year from settlement date. Of these shares, 913,447 shares in settlement of $456,723.48 are subject to shareholder approval. TEL: (604) 681-2877 Investor Relations FAX: (604) 681-2879 (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 1999 StockHouse.com Copyright 00 StockHouse Media Corporation, All Rights Reserved. [end] Subj: Alan Greenspan's Letter To Senator Lieberman In Response To GATA Date: 1/24/00 2:29:49 PM EST From: LePatron@LeMetropoleCafe.com To: dougak Le Metropole members, Alan Greenspan has served commentary at the Matisse Table. It is his letter to Senator Lieberman in response to the questions asked of him by The Gold Anti-Trust Action Committee on December 9, 1999 in a center spread open letter in Washington's Roll Call newspaper. A copy of this letter was sent to Alan Yonan Jr. of Dow Jones who forwarded a copy of it to me. GATA found it a bit unusual that Alan Yonan was able to comment on the letter even before we received notice of the letter from Senator Lieberman. It would appear that Chairman Greenspan wanted his side of the story out as soon as possible. Senator Lieberman wrote to Alan Greenspan on January 10th and Greenspan responded to the Senator January 19th. Here is some analysis from our camp on the letter. It would seem that Mr. Greenspan sidestepped certain questions while agreeing with GATA that it would be inappropriate for the Federal Reserve to manipulate the gold market: Our questions were directed as such: "Does the Federal Reserve or the Treasury Department??." The Treasury was not mentioned once in Mr. Greenspan's response. It was most notable that Alan Greenspan stated over and over that the Federal Reserve owns no gold so that it?.. GATA knows that the Federal Reserve does not own the U.S. gold. The Treasury does. Why does he keep making the statement? It would seem that Alan Greenspan is acknowledging that central banks are leasing gold to hold down the price with this statement:..., given the observed willingness of some foreign central banks -not the Federal Reserve - to lease gold in response to price increases. Who are the borrowers? Alan Greenspan does not deal with the subject that the N.Y. Federal Reserve might be managing the gold market in behalf of the Treasury's gold. He states that the Federal Reserve is not managing the Fed's gold which we all know they do not own. GATA would still like to know if the N.Y. Fed, a quasi-private institution, is regarded differently than the "Federal Reserve System" itself and are they involved in the gold market in any manner in behalf of the Treasury or foreign central banks. James Turk made an astute observation about paragraph 3, page 2 in which Greenspan states: "As for question 1, the Federal Reserve does not, either on its own behalf or on behalf of others, including other government agencies, lend gold or silver,??.." James noted the phrase "but not limited to" was left out after "government agencies." In legalese that means Mr. Greenspan has not included the Treasury in his response as it is the government itself, not a government agency. The world dissects Alan Greenspan's every word. He is known as the master of couching every thing he says. There are no mistakes in his deliveries. Does Alan Greenspan want to get as far away as possible from the budding scandal about the manipulation of the gold market? Is this his way of saying: I know there will be a big problem some day as the gold loans are too big (10,000 tonnes?) and the bullion banks are in way over their heads? Keep me out of it! ????? Is he saying: I had nothing to do with the manipulation of the gold market and is saying as such in a discreet a manner as possible? Is he distancing himself from former Treasury Secretary Rubin and present Secretary Summers? Remember, it was Secretary Rubin who was the former CEO of Goldman Sachs and has all the bullion bank connections. There is much more that will be said about all of this in time. Mr. Greenspan mentioned to Senator Lieberman to let him know if he could be of any further assistance. We will request that Senator Lieberman clarify some of the points brought out above. In the meantime, we await Treasury Secretary Summer's response. Stay tuned. All the best, Bill Murphy, Le Patron, Le Metropole Cafe The above mention of GATA is as follows. Bill Murphy, Chairman, Gold Anti Trust Action (GATA) gata.org GATA related articles can be obtained at the pay for view site. Bill Murphy, Le Patron, Le Metropole Cafe lemetropolecafe.com

To: d:oug who wrote (3947)	1/24/2000 7:27:00 PM
From: d:oug	Read Replies (1) \| Respond to of 4066

To: Thread - Need Free Advice about buying tdc. Using my usa money, its about 5 for a dollar. High risk & high speculation, yes. As in: (1) will company survive (2) another consolidation possible (3) more long, as in years , wait possible For me its a long long term investment play, not to make quick or even long term money, just something that I will later hand over to be used by folks that have no extra money, as in, need money to make money, some cannot. Should I wait until Dave Webb... (1) announces a pthway to a cash flow (2) Above (1) and then until "next" changes made that may change the share value of tdc, as in dilution. low key here all advice welcome but only plus & minus on tdc not wanted for other investments only tdc thanks doug