SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (1922)3/25/1998 11:15:00 PM
From: Coho  Respond to of 4066
 
Bearcatbob, I agree with you completely. As a new investor, 2 days, I bought the company for its potential, team and resource prospects.



To: Bearcatbob who wrote (1922)3/26/1998 6:28:00 AM
From: Phil Jones  Read Replies (1) | Respond to of 4066
 
If the Mill stays shut until the POG increases, where's the money coming from for new exploration? It obviously costs money to run the Mill -- but even at the current POG the Mill was supposed to make a good profit in 1998. The current POG is $10 to $20 above its level when the Mill closed "for overhaul", so I don't see any rationale for not re-opening on schedule, i.e. next week. The POG has been slowly moving up, not down. From my reading of the posts, the chance that MAC would come up with its money didn't change over the past 10 weeks. It looks as if the non-reopening of the Mill might have been contemplated when it was shut down.