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


To: d:oug who wrote (3588)6/1/1999 8:11:00 PM
From: Bearcatbob  Respond to of 4066
 
Hey Doug, I think it means he has so little left that it does not matter anymore - I think we keep coming back here to marvel at your convoluted presentation of something I do not understand.

Now Doug, tonight I got the annual report of Lyon Lake Mines. They did a consolidation a while back - I think one for three or two. Gee, they have a real property in Costa Rica and a mine on care and maintenance. So, if you believe gold will revive - take a look at LLL - that is a sick stock but not one that is not on life support in the middle of a power failure.

bob



To: d:oug who wrote (3588)6/1/1999 8:22:00 PM
From: Phil Jones  Read Replies (1) | Respond to of 4066
 
Doug, I have a large number of shares of MGR. I've never sold any. Averaged down all the way. Bought the last shares at about 15c. My point was that I don't see any hope for MGR (or whatever its new name is). Bearcatbob indicated that the Bumbat Mill is now sitting in the junk yard at Ulanbaatar, where it can hardly be used to mill gold ore. No money for new exploration. MAC, TD Bank and the Mongolian Gov't. playing games with the trusting foreign investors. The POG diving toward the ground faster than an eagle that has spied its breakfast rabbit snack. Has anything in the whole entirety of world history ever looked as hopeless as MGR (or whatever it's called now!)? Doug, the parrot is dead! Not asleep, not unconscious, not just closing its eyes.