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


To: D. Bryan who wrote (2361)7/2/1998 10:31:00 PM
From: Bearcatbob  Read Replies (2) | Respond to of 4066
 
Hey D - I guess i can't let this go. If the mill and mine were so good it would have been kept running no matter who was short. It is a high risk venture in this market with a company with no money. Junior stocks make money on exploration. This small mine/mill stuff is a sink hole for money. How difficult do you think it is to staff and supply that thing in the middle of nowhere.

I think if I could get anything across it is the low value of this mine/mill in this environment. Hell, if it were so good they would have run it, paid the bills with the great profits, and the hell with MAC. The fact it had to be shut down in a few months after startup is another question of competancy.

Bob