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

To: d:oug who wrote (2560)	9/2/1998 9:37:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 4066

AK, I have no idea of what the price of MGR or any other stock is going to do. MGR could double, stagnate or sink further. Who knows? I do believe that they are in a tough situation - and so does the market. I suspect that the size of buy you are talking about would drive the price up all by itself due to the lack of liquidity. It reminds of a story. A man calls a broker and says buy, he calls the next day and says buy, again he calls the next day and says buy. The final day he calls and says sell at what is now a higher price. The broker asks "sell to who". More seriously, it is my firm belief that money in spec stocks should only be money that one can afford to loose with out effecting ones life. You have to make that judgement for your self. Personally there are some small oil stocks with plays in the Turner Valley with real results and great near term prospects that I think are far better buys. Examples are Curlew Lake (CWQ), Stampeed (STF), and Raptor(RCP). Good luck let me us know what happens. bob