Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ron Everest who wrote (3387)	4/22/1999 5:21:00 PM
From: D. Bryan	Read Replies (2) \| Respond to of 4066

Don't bother wasting your time with Doug A K, to me he feels like the kind of person who is a little too close to MGR. The infamous "SI investor with the fictitious name", (a point-man)who works with Mr. Webb to bolster confidence in the others that follow the thread. Besides, he would need a conscience to feel any guilt from your comments. He's just too smart for me. I might buy some of the new company's shares if they ever give Mr. Webb his old job back of "Chief Rock Hound" and give the desk job to someone with some business savvy. Mr. Webb thinks it's Ok to take your money for an on the job training course on business, especially using somebody else's money to learn from his mistakes. Besides, look at this on the bright side. You may only be worth 1/20th. of what you were worth when you invested, but Webb could have gotten the company delisted. But pretty difficult on the Vancouver Market. Have an excellent vacation.

To: Ron Everest who wrote (3387)	4/22/1999 7:36:00 PM
From: d:oug	Read Replies (1) \| Respond to of 4066

Ron, I agree with you in that with the Mongolian court not releasing a decision in the Bank and MAC matters, that MGR is in a very poor state. I will guess that if the Bumbat location is off limits for MGR to obtain a cash flow, that with MGR having no money to advance any other projects, along with the fact that these other projects are in the speculation phase, with no cash flow until cash inputted and then hope for a payoff, that MGR is probably today worth only one penny a share. Because your average is high, the numbers are in your favor to reduce your average, with this being possible only because of the extremely low share price of MGR being .06 and a drop of 5 cents to .01 being small but huge percentage increase thru a buy back. What I just typed in is only a repeat of what you posted, no new info here. But going from a .06 to .01 is dangerous to all. If it does, I hope you and others that brought over one dollar will see MGR share price go up thru good news, so that a selling at .06 and a rebuy at .01 will be the opposite experience currently un-enjoyed. Doug