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

To: Harmattan who wrote (2362)	7/2/1998 9:38:00 PM
From: D. Bryan	Respond to of 4066

I think the venture capital for any mining exploration company is non-existent. I think MGR had an excellent idea when they set up this mill but they dropped the ball. You can't just send a bunch of people over to a foreign country with a mill and hope it gets off the ground with a little care and attention. Something like this needs alot of direction, and strong leadership. And if you can't give it then you're just wasting everybody's time. I look at some of the juniors with big finds right now like GMD.V, proven a few million ounces of gold. It was hanging in there for quite sometime until that overwhelming urge of stupidity hit the President. I think he was probably up to his neck in other financial problems and needed to save his bacon. Business type with connections to get money even in tough times. Got to give him credit, he diversified GMD with both gold & diamonds. Hopefully it has a future. Another one is AAU.T with approximately 6 million ounces of gold, and whack of copper, and its only worth $0.20. The market will come back but the only ones that will gets any money at all are the ones that have something to catch anyones attention. I hope MGR will be one of them.