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

To: see clearly now who wrote (2351)	7/2/1998 8:11:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 4066

The simple question you asked is if there is gold there. How the hell do I know - it appears there is some gold there - MGR produced a little. Besides the question is not simple. The question should be is there gold there that can be produced economically or better yet, is there sufficient gold there to attract a major. I don't think Dave even would be in a position to answer that. What speculative investors need to ask is if it is more likely that MGR will find gold than others in this market. Some boats will rise faster than others when the tide turns. As I have said in the past, the mill is more of a liability than an asset. MGR gets a little money they have to sink it into the mill. Others may stick the money into holes in the ground to find a saleable asset. Wouldn't it be a surprise if MGR got money and decided to not start the mill and explore instead. Now, that may be an attractive idea. Tell me, how many shares have you bought in this market. You have the opportunity to take advanatage of we dummies who sold at higher prices with your faith and wisdom. Good luck. Let me know if you belly up. Bob