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


To: Trevor R. Teed who wrote (3999)2/28/2000 10:30:00 PM
From: Barry Cox  Read Replies (2) | Respond to of 4066
 
Interesting you would start out

Tyhee to acquire several different properties

from this news release I see

1. Halt was not voluntary
2. They havn't concluded any negotiations yet and might not.
3. Feb 21 filing has not hit Sedar yet. Filings were supposed to be made through Sedar.

This means you and other's who are insiders have information not available to the general public on a timely basis.

Barry



To: Trevor R. Teed who wrote (3999)2/28/2000 10:43:00 PM
From: d:oug  Read Replies (1) | Respond to of 4066
 
Trevor, thanks and two comments and question.

<<... has not concluded any definitive, binding acquisition agreements at this time.>>

My impression is that there was just too much going on between Tyhee
and many other parties during normal business activity to keep the
insider type info inside those involved, so the trading halt. So this news
release was not the one normally done after certain conditions and agreements
were agreed upon and done up in legal contracts. My guess that everything
is about 3 weeks to 2 months down the road for all the negotiations to be
completed, meaning that we may stay halted or resume tomorrow with
all this 1/2 speculation(might happen if...) information.

<<...has been no discussion with any party to convert the company
from the resource business into an e-business company.>>

Good, as soon the dot coms bubble(s) will pop(s).

<<...of intention to sell and declaration pursuant to Section 136
of the securities rules regarding its control position over certain
securities it beneficially owns.>>

Is this something of concern to regular shareholders like most here ?

thanks
doug