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


To: Phil Jones who wrote (1981)4/3/1998 6:54:00 AM
From: David R. Schaller  Respond to of 4066
 
Phil, I don't know how much cash MAC has contributed. For sure they are way behind in paying their share of ongoing expenses. Sometimes the good will generated by having such an auspicious partner is credited towards their ownership share. Who knows?

The idea of adjusting their ownership downward w/o any assurance that they would pony up their 40% of ongoing expenses is a nonstarter in my opinion. (I would demand an escrow account be established)

Dave