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

To: D. Bryan who wrote (2323)	6/30/1998 5:04:00 PM
From: marcos	Respond to of 4066

Such remarkably perceptive hindsight, after only a year. You are to be commended, Sir. Though it may not quite make up for the lack of civility.

To: D. Bryan who wrote (2323)	6/30/1998 5:21:00 PM
From: see clearly now	Respond to of 4066

Time to move on to the NEW...beginning to sound like a scorned suitor!

To: D. Bryan who wrote (2323)	6/30/1998 6:08:00 PM
From: David R. Schaller	Read Replies (2) \| Respond to of 4066

D. Bryan, There are many reasons for an investment to go south besides incompetent management. i.e. partners who don't live up to their word, metal prices going into the basement etc. I suspect that if we knew all the facts we would find many ingredients in the stew. In the parable of the prodigal son, he found himself in bad straights not only because of his wastefulness but also because of a famine that came into the land. One thing he had control over...the other he didn't. I and Bearcatbob have been expressing our concerns about MGR for 6-9mos. He smartened up and bailed out. Being the slow learner I didn't. The decrease in stock price is beyond my control...hanging in there faced with mounting losses is my own fault. No one else's. As far as I'm concerned the only one whose competence I'm questioning is my own. I don't know how to judge Dr. Daves competence. Share price? Ability to raise funds? Mining knowledge? Contacts in Mongolia? Administration? Determination? Does he surround himself with good people? Decisiveness? Market cap? Respect of others in the field? How is he supposed to answer your question? "Yes, I'm incompetent?" You obviously will not be satisfied with any other reply. Why own stock in a company whose management (in your view) is incompetent? If the management is incompetent and they have no money..that only leaves a shutdown mine and associated properties on which to depend. Not much to hang your hat on. If an investor comes to this conclusion about a company in which he has invested...I think its time to pull the plug. Just my thoughts. No disrespect intended as the frustration level with this investment is very high. Regards, Dave

To: D. Bryan who wrote (2323)	6/30/1998 8:39:00 PM
From: Harmattan	Read Replies (3) \| Respond to of 4066

D. Bryan, I assume the sharp barbs on your string of words are a spontaneous expression of frustration or for effect as a cattle prod. The points you make are legitimate and need to be addressed (as is the case with any company on an ongoing basis). But IMO your tone and choice of wording is misplaced. You speak of Dave's "condescending tone", quoting one phrase , without taking into account the plain fact that he steadfastly continues to respond here on this thread in this bearest of bear markets to the frustrations of shareholders. Maybe you don't like some of his answers, but the singular and almost unique fact remains; he has stuck around to face the music on this thread. You negatively compare Dave to Winston Churchill and harshly dismiss him as not "inspiring confidence". I hold a diametrically opposing view based on the evidence. Given MGR's dismal performance, I suggest shareholders loyalty here on the thread and elsewhere among some silent shareholders is clear testimony to the fact that Dave's persistent presence on a public forum in a horrendous marketplace is evidence of personal character, and further, demonstrates the ability to "inspire confidence" in shareholders. I assume his geological competence. I cannot attest to his business acumen. However, simply based on what I have seen demonstrated as personal character, and trust is often all shareholders can cling to when details of deals get murky, I would give Dave my money any day. Given the amount of promotional hit and run sleaze I have run into on the VSE, Dr. Dave Webb is absolutely refreshing. For anyone following MGR, the recent media articles, both in timing and content, speak volumes. Its all been out there for some time for anyone that wished to do their DD. It hits the news as if a fresh new story when it certainly is not. That slant speaks to the character of the authors, editors and publishers of the articles. IMO it adds nothing informational about Dave's competence. Speaking solely to your question of "inspiring confidence" and saying nothing about business skill, I think you are absolutely wrong. And I believe there are many that feel as I do. If Mongolia Gold survives this dismal market and someday thrives, IMO it will be precisely because it has a man like Dave Webb behind it. (I have been a shareholder of MGR. I currently am not. Someday, when the bear goes to sleep I will be again). regards, ghunk

To: D. Bryan who wrote (2323)	7/1/1998 2:32:00 AM
From: Ian McCartney	Respond to of 4066

I am not an insider, and am not in contact with the company, but have been following the thread out of interest in east asia-china area deals. Issuing clashing challenges will not generally prompt a response in a voluntary forum, and I am not surprised that no one is taking the bait. You might try rewriting the same questions/observations politely and submitting them under a new handle, I suspect the company would then take them appropriately and respond in the sincere and open manner to which most investors have become accustomed. Mongolia is not the only place where companys have recently been surprised to face such unprecedented difficulties, as several disenchanted China explorers/developers will attest. In dealing with the duplicity and conniving of the local partners it pays to be polite but also direct and firm; taking away the face of your "adversary" will guarantee complete failure. IDM