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

To: Bearcatbob who wrote (2545)	8/27/1998 4:10:00 AM
From: Greg or e	Respond to of 4066

Bob Now that's the kind of response I've come to expect from someone of your obvious intelligence. First, let me say how much I regret the somewhat strident nature of my post to you. My comment about you being "in danger of becoming a P.I.T.A." was uncalled for. It was more a reflection of my own frustration than anything you said. Please accept my most sincere apology. That said, however I do think you are being overly pessimistic about the chances for restarting the mine. It seems to me that while there are sure to be some costs associated with recommissioning the mine , the majority of the costs have already been incurred. Any new partner is bound to bring something to the table, besides why buy something only to sit on it when it could be generating income even at these depressed gold prices. Personally I think this mine can become profitable given the right partner and even a modest increase in the price of gold. I agree that management has alot to prove as far as credibility goes, but at a nickle I'm not selling. I may even buy a bit more if I see a serious sign of life. Anyway, life is too short so tomorrow I'm going to sight my bow in and this weekend I'm off to the mountains to hopefully bag my first elk. Don,t sweat the small stuff. Have a nice day Greg