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

To: Phil Jones who wrote (2947)	12/15/1998 11:14:00 PM
From: Dave R. Webb	Respond to of 4066

In response to your questions about exploration plans, the answer would have to be no. Our focus has to be on getting Bumbat resolved, and up and going again. We'll do some peripheral stuff if the opportunity presents itself, such as the acquisition of the silver properties, but that stuff isn't planned in the sense that there is a budget in hand for it. MGR just keeps some options open if the risk/reward ratio is very positive. Dave