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

To: Dave R. Webb who wrote (3445)	4/28/1999 11:50:00 AM
From: Ron Everest	Read Replies (1) \| Respond to of 4066

<<<<<There have been mineral resource projects wanting financing that under different situations would never be available. I don't know when the situation will change, but I'm fairly certain that it will sometime. It would be nice to be prepared.>>>>> Amazing how MGR president can be dancing on financing "other situations" and "projects" (note the plurality) and MGR itself cannot finance squat with regards to its own project(s). Sounds like bs to me Dave.

To: Dave R. Webb who wrote (3445)	4/28/1999 1:44:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 4066

Dave, Since MGR is an established company with a good record, except for items beyond it's control, it can either become a minnow and get swallowed by another predator or it can become a predator and get money and prey upon some weaker companies or it can form some strategic alliances to prevent being eaten. Alliances are good, as is getting money into the company, getting eaten alive is no fun so I trust that is not in the MGR future? As to an amalgamation at 20:1 to prepare for an investor and an accompanying joint venture/option agreement ...sounds good to me, anything is better than Mongo hell. Bill