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

To: Phil Jones who wrote (2954)	12/22/1998 10:02:00 PM
From: d:oug	Read Replies (1) \| Respond to of 4066

Phil, I can see possibilities, good and bad, for MGR shareholders. I have no studies or education or experience or access to make these predictions. Just some simple thoughts. First, the good stuff. (1) This thread's Dr. Dave Webb has all the above elements, and as we all know, in themselves do not tell us the character of a person that will be available for us in hard and critical and demanding times. So far it has been a waiting game, lots of work Dave has done to keep MGR afloat and in a position to move forward. I give Dave good marks here, but the real test, to seperate those few that can deliver when most cannot, to me is now upon MGR. Dave has to do 2 things, first forcast that a need for gold will arrive to the market, in say 1-3 years, and get MGR in a position that MGR has the ability to suppy the gold. To me, Dave and the other officers of MGR have already completed this task in the form of a plan to accomplish each. The first prediction of a move in the gold supply is very subjective and many factors can change quickly. But to me I will guess that the foundation of a prediction in the gold supply and demand will change for the better is simply that unnatural and forced and unmarket conditions are keeping the POG and it supply & demand to where it is. Not if, but when this will not work, and if so, a big snap and pop. Today if MGR was .25 or even .10, I would sell all I got and wait with expectation of it to go to .05, and buy back all x2. But at .05, I will not chance it for a .025 when a .25 is possible. As for the second thing to position MGR for a better market, I believe Dave and his company already have this in the works. Execution is needed, but a cash flow is first necessary. Dave cannot release to this thread the details, not only would be insider info, but the other gold companies might read it and agree and try get stuff before MGR does. I hope that the MAC thing is settled, and MGR starts making money from the Mongolia mines soon. But to me this will not be met with a nice raise in the POG, or even a nice rise in MGR stock price. But it will give us shareholders a new view, to watch Dave build MGR into a better company with gold and silver and anything else Dave sees as adding to the cash flow to MGR. Maby even a donut or pizza store next to the mining sites, if Dave can get his grandmothers secret dough recipe. Wait, not for POG and demand, but the MAC release and build MGR with Dave for the near future when POG and demand jumps up high. The next 6 months or one year to hope for MAC settlement and cash flow. Not share price to go to your investment get back point since very much not to happen signs at this point in time. Bad News is that BearCatBob has still not brought MGR shares. He must still believe that the POG will drop under $???. Doug