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


To: d:oug who wrote (3409)4/25/1999 8:16:00 AM
From: Phil Jones  Read Replies (3) | Respond to of 4066
 
With Doug A K now onboard that a consolidation by MGR in the current flat low POG and lacking news on the court decision could only be to the detriment of MGR's share price, all posters on this thread seem to agree. Probably almost all MGR shareholders are of the same view. I can't see what argument there is for a consolidation at this time and in the current circumstances. MGR's current share price is at a level where it has small room to move down. But with a consolidation? How could it be justified? Why is Dave Webb even contemplating it? Even raising it as a possibility seems to have done damage to MGR's share price. Long-time MGR stalwarts seem to be giving up and jumping from the sinking MGR Titania without bothering about life boats or jackets.