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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (88843)	8/16/2002 9:19:00 AM
From: E. Charters	Respond to of 116756

I am not sure that that mine in Mongolia is viable if it the same one that Mongolia gold hacked away at a few years back. I have heard so many inside stories about it that I am not sure which are the lies anymore the stuff in print, or on the street. Stories about bad assays, and overestimated grade.. (the polite way of putting it).. One of the chief obstacles to mining in Mongolia is that like other Asian countries they really don't want foreign development as anything but a piggy-back piggy-bank to easy money. This makes making fair money a tad harder for the foreign company. As if taxes, bribes and normal risk were not enough, the companies have to be males, get laid, and have teats too. And after that they have to bring up the kid and pay child support to the mother in law. The Mongolians should allow companies to be one sex and cruelly exploited in only one way. Mining in Mongolia is something like getting a divorce from a mistress in California.