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

To: Bearcatbob who wrote (2669)	9/19/1998 8:29:00 PM
From: d:oug	Respond to of 4066

Bob, I agree that any settlement at this point will put MGR at a point that much will have to be done before this stock price can reflect a value equal to that of a gold mining company selling gold. I think a value of over one dollars requires testing to show that mineable gold exists at an extraction profit level, and actually selling gold before the ten or greater dollar share price. So, any long awaited settlement that happens, will as you say, only raise the stock price from 7 cents to someplace between 8 and 99. As you "warn" us, it could only be the past 10 regotten. The big thing I got from you last and all prior posts is that even with a settlement now, MGR has to do and accomplish much before this stock can represent a future of mining gold at a profit. But then thats where Dave has to step in and thru the official web site inform current and potential shareholders the steps needed to accomplish this gold getting at a profit place. As you also said, after any settlement there is also the possibility that MGR will not be able travel the path needed. So I see you as watching this MGR, and knowing that the price will "always" remain at a low number, even as the path is traveled, and you will watch for a specific milestone to be reached, for example, gold is there in a certain quanity, and minable at a reasonable cost, and the Mologolia government is faverable to MGR's activities, and the price of gold is ok and no big world events to depress the price of gold. Then you will buy mgr.