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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?

To: Abner Hosmer who wrote (8735)	12/19/1997 5:35:00 PM
From: Kaena™	Read Replies (2) \| Respond to of 10482

Believe it Beecher - you certainly are an excitable one. I do my own research on companies and unlike yourself, don't rely on what various newsletters report. I guess that's why I don't blame anyone if the deal goes sour. I take FULL responsibility for my own actions. As for my decision to buy Mongolian Gold, I believe it has incredible long term promise. I only suggested that others take a look into it and do their OWN due dilligence. I wouldn't want to be blamed from the likes of you and the chief! I've recently been looking into some small cap Canadian gold companies because I feel they represent a special value at these levels. I am happy to report that I have built up a nice little speculative position. Mongolia Gold ( V.MGR ), a small producer/explorer that has operations in Mongolia of course being one of them. They are currently selling at about 40% below the price of the fixed assets of their mine. This seems like a low number tpo me. I've been following them for some time and recently spoke with on the phone with the president of the company for an hour or so. I basically came away with the feeling that he could be trusted. These guys seem to have a plan in place which will at keep them going at current gold prices for at least 18 months. The nice thing about this play is that the company has leverage to higher gold prices in the form of production revenue but their main deal is exploration. At current prices, their exploration properties are assigned a value of 0. This seems like a low price. Investing isn't for sissies, Beacher. Good luck!