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

To: Dave R. Webb who wrote (2390)7/4/1998 4:20:00 PM
From: Pete Schueler  Read Replies (1) | Respond to of 4066
 
Dave, Can you give us any projected mining cost changes since the shutdown? Has the local currency made labor cheaper? Impact on cost per ounce? I'm looking for something to be optimistic about. Bearcatbob and others are hanging the crepe.

I have a few shares of JVAG and their Mongolian project seems to be going down the tubes. ABX just invested $1.1 million in Java so I guess they didn't see the problem. Has MAC been talking to anyone like ABX?

I'm off to 4th/July party. Thank God for our freedom and those who died for it.

Best wishes for MGR and its owners, Pete



To: Dave R. Webb who wrote (2390)7/4/1998 7:29:00 PM
From: Bearcatbob  Respond to of 4066
 
Dave, Glad to see the mill is well protected. That is real data. Who would be the maintenance manager and the mill superintendent? I think the idea of using more expats is a good one. I think if you ever get going that their compensation should be directly tied to production.

bob


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