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

To: Bearcatbob who wrote (3352)	4/20/1999 7:02:00 AM
From: David R. Schaller	Read Replies (1) \| Respond to of 4066

Bob, I figure that the consolidation factor of 20 was chosen so that when the pre-consolidation price drops to $.01 (after this news) the post-consolidation price will still be above $.15/share...namely $.20/share. This will allow the inevitable dilution to proceed. MGR shareholders (especially former shareholders..of which I wish I were one) owe you a debt of gratitude. No one who has continued holding this stock can say they weren't warned. Repeatedly. Well, at least I didn't throw any good money after bad. Dave