SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (2750)11/2/1998 3:01:00 AM
From: Phil Jones  Read Replies (1) | Respond to of 4066
 
Bob, good point about the care/maintenance cost. Obviously MGR does not have a large bank account, and it can only cover so many months of upkeep of the Mill. Last summer I thought by now (fall, '98) the POG would have recovered somewhat, and the MAC problem would have been resolved. I'm starting to wonder if the price of gold will ever show any substantial upward movement; if it doesn't come soon a lot of the junior gold stocks will be in serious trouble.