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


To: Dave R. Webb who wrote (2871)11/25/1998 12:02:00 PM
From: Robert Raymond  Read Replies (2) | Respond to of 4066
 
Dave:

I was really nice to hear that MGR has a social conscience. As a modest shareholder who has "donated" a significant part of my modest investment to MGR, it's at least satisfying to know that some of that has gone to something other than a black hole of corporate losses. Let's hope that things in Mongolia will turn around for MGR and that it will eventually be possible to take a portion of future profits and use that in socially responsible ways. It seems so rare in the mercenary mining industry. You are to be congratulated.

regards

Robert Raymond



To: Dave R. Webb who wrote (2871)11/25/1998 9:00:00 PM
From: Phil Jones  Read Replies (1) | Respond to of 4066
 
Dave: In case anyone reading these posts doesn't know what a "ger" is, the article mentioned that a ger was a tent. Many Mongolian families apparently live in gers rather than buildings. I only found out what a "ger" was by reading the newspaper article two days ago. The reason it was in the article was that the mother of one group of kids living under the street had lost her ger due to a fire -- and had no way of getting enough money to replace it. One thought I was left with from the article was Mongolia is a country in desperate need of an infusion of cash from outside, and one of the few things it has to offer is its raw resources. Therefore, its government will bend over backwards to help resource companies like MGR get resources out of the ground. It bodes well for MGR's future IMHO.