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


To: Phil Jones who wrote (2634)9/14/1998 6:43:00 PM
From: Dave R. Webb  Read Replies (1) | Respond to of 4066
 
Lots of new laws over here, and most of them are untried. There is very little case law to go on. Consequently, what may seem black and white to most people cannot be assumed to end up that way in Mongolia.

However, hypothetically speaking, what you have described is apparently what the law says. Life for the bankrupt however does not end there. It is not pretty.

MGR has looked at most options and alternatives, and is continuing discussions with MAC and potential partners in good faith. We are not privy to what a creditor bank may be doing though. We do have plan B and C ready.

Dave

Dave



To: Phil Jones who wrote (2634)9/15/1998 12:43:00 PM
From: Bearcatbob  Read Replies (1) | Respond to of 4066
 
Phil, Dave and Others,

Please tell me what you think of the following message on the Yamana thread.

bob

To: Neil Irwin (1535 )
From: Greg W. Taylor Monday, Sep 14 1998 3:07PM ET
Reply # of 1543

To Neil and all other readers and participants of this thread:

Due to requirements placed upon us and all publically-traded members of the industry, it is inappropriate for me or anyone in the company to participate further in this thread.

I suggest that questions concerning Yamana be directed to the company at 1-888-809-0925.

Good luck to us all.

Greg W. Taylor
Vice President, Corporate Development,
Yamana Resources Inc.