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

To: Dave R. Webb who wrote (1939)	3/29/1998 2:45:00 PM
From: Coho	Respond to of 4066

Dave, correct me if I'm wrong, the success of Mongolia Gold is not limited to Bumbat. If the POG were $350 or better yet $450, MGR's other properties will shine a whole lot brighter as well?

To: Dave R. Webb who wrote (1939)	3/29/1998 3:53:00 PM
From: Bearcatbob	Respond to of 4066

Dave, I wrote: Dave, If the POG had been higher and the initial operation better there would be no need to inject new capital Enough said. I personally think that the stock now is actually a better buy. Now there is a reason for it go up. The announcement of payment by the partner or a new partner should cause a bump in the price. For the sake of all involved I hope that you can get it together. Bob

To: Dave R. Webb who wrote (1939)	3/29/1998 6:58:00 PM
From: Phil Jones	Read Replies (1) \| Respond to of 4066

Dave: How's the financial picture at MGR? Without operations at the Bumbat Mill, how long will your present financing allow you to carry on? Have you got enough to carry out exploration? Ever since I began tracking MGR, the whole point was to get the Mill running and generate cash flow from the Mill for exploration. There can't be much cash sitting around for running MGR's administration, let alone run any kind of exploration. Do you have a new budgeted game plan that takes over without income/expenses of the Mill? If so, can that new game plan carry on indefinitely -- or is re-opening of the Mill within a short time necessary for MGR's survival?