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

To: Dave R. Webb who wrote (2538)	8/26/1998 7:11:00 PM
From: Kevin Vickers	Read Replies (1) \| Respond to of 4066

David, I mainly just read here however thought I would enquire with you with respect to your thoughts on the price of gold. We are seeing extreme market volatility around the world and gold price keeps dipping. It seems to have been replaced by the American green back as a place of safety. Even if our problems were solved with MAC, with the price of gold would it really ,matter? Thanks Kevin

To: Dave R. Webb who wrote (2538)	8/26/1998 7:49:00 PM
From: Phil Jones	Read Replies (1) \| Respond to of 4066

Dr. Dave: Is there any way that MGR could buy out MAC's interest? If investors could see that MGR was taking over MAC's interest so that MGR would control Bumbat 100%, perhaps money could be raised to pay MAC a reasonable amount in the current market. ($1M?) I would think that many MGR shareholders (excluding Bearcatbob!) might be interested in putting more money into MGR if MGR was to take over 100% of Bumbat.