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

To: Dave R. Webb who wrote (3512)	5/14/1999 12:28:00 AM
From: d:oug	Read Replies (1) \| Respond to of 4066

Dave, <<busy with reorganization plans>> is something <<new to say>>. It happened before my arrival on this thread, the MAC and closing of the Bumbat Mine, but back then I would speculate that most all who wanted the price of gold to raise thought that if it obtained momentum for an increase, then surly it would continue at least for a while. If those public statements from the Gold Anti Trust Action (GATA) have validity, then maybe there will now be momentum to counter that which has prevented that which would have happened. To me, recent exposure in the last days related to Le Metropole Cafe has identified to many people that something is possible to happen. If so, then those who have done wrong will take steps to cover their back side, and if it means to harm another, no problem for them. Just as we start the day looking for new news, those who have controled the price of gold know that it does exist, information, to identify what they have done. Its out there, and now more than last week and before, people are looking for evidence of a concerted effort by those who benefited from a low and flat price of gold. I hope that those in Mongolia who can decide the outcome of Bumbat now include in their plans a possibility of a soon, as in weeks or months, of a rapid raise in the price of gold. I also hope that these same people see the 20:1 consolidation voted yes so that they realize that this MGR company is not going down the tube. And if the consolidation does not pass, then many on this thread and Mongolia will be amazed that this MGR company will continue, and those who dump their mgr shares will see them be collected at lower than low prices by many, including me. The stuff that has keep the price of gold low and down has created many situations that are now not stable. What I say next is in poor taste, but now its like a person needing a bathroom and others have not let this person use the restroom, and and hold hold in or down longer and longer.....until ... and then, what a mess is made. Again, beauty is in the eyes of the person looking, and to me this mess to happen will look wonderful, as others pain translate to our gain. MGR is here, and will be here this time next year, with or without the 20:1 consolidation happening. MGR will wait for the price of gold to increase, and when that happens Mongolia will want the profits from Bumbat, but first will have to settle the MAC and Bank issue, and to the satisfaction to MGR. Doug

To: Dave R. Webb who wrote (3512)	5/21/1999 5:25:00 AM
From: d:oug	Read Replies (2) \| Respond to of 4066

..........the platinum and palladium markets..... MGR's annual general meeting on May 21, 1999 Dave, I hope the shareholders trust your vision for MGR and vote in favor to what you and the Directors present as good for MGR's future. I am still of the opinion that the 20:1 consolidation represents a lessor of a lost to me as a current shareholder, versus it not voted in. If the consolidation is passed and this allows new investment money, then from the Le Metropole Cafe is the following: lemetropolecafe.com GATA Gold Anti Trust Action Bill Murphy The Café's John Brimelow has some bullish commentary to bring to you about the platinum and palladium markets. As usual he ferrets out some important info that others do not take the time to track down. Johnson Matthey just issued its annual report for 1998 on both platinum and palladium. As a result of increased catalytic converter demand, platinum demand was up some 40% last year. But the real story came out as a result of John's sleuthing ( for some reason, it was not widely disseminated). Chinese jewelry demand was up some 70% in 1998 and is expected rise again to about 1million ounces in 1999. That means Demand in China for platinum jewelry has surfaced in the countryside which was also a big surprise as was the revelation that there is also a growing investment platinum demand in China. In addition, due to it's increased use in catalytic converters and its potential for use in fuel cells, John feels the platinum market has a long way to go on the upside. Palladium demand was also up 21% last year and it's prospects are explosive too. The good news it has been learned that the Russians sold more than most thought they did and the market took the selling very well. No one really knows how much they have left ( word is 9 million ounces ) and, even if they have it, will they sell it? John loves Stillwater, Anglo-American Platinum and Impala. They have done very well in recent times ( outperformed ) and should do so in the future according to John. JB, who is normally very conservative, calls them "lay ups". John is always anxious to learn all he can about platinum and palladium. If any of the Café members have some real insight on either of these commodities, he would like to hear from you at jbrimelow@donaldco.com. Midas Bill Murphy ( Midas )