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Mark Wallace

 
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  • Mongolia Revokes Licenses On Rio Tinto Mine [View article]
    Bob,

    I have to say that I had a modicum of respect for your opinion until this last set of comments.

    First, Mogi and Nick are both in Mongolia. Nick may come and go a bit, but Mogi IS a Mongolian, and IS on the ground. He is also probably one of the most reliable of the financial journalists in the country. But I don't need to defend Mogi, he can do that quite well on his own.

    I'm not trying to bash you, but when you say, "We have to rely on professional journalists of the financial press" I have to laugh. I spent time on the ground in UB, and my partners (who spent a lot of time there) and I met the so-called professional journalists you speak of... the bureau chief for one in particular... Not impressed.

    Here's a few questions for you Bob. Have you been to Mongolia? How much time have you spent in the country speaking to execs of mining companies? Do you have any personal, credible sources on the ground? Do you have any money invested in the country?

    Seriously, if you're going to give advice in a forum like this to investors, some of whom may actually take your comments seriously, I'd do a bit more than clipping news articles and telling them to read Reuters and Bloomberg! That's irresponsible, and akin to telling people to get their world news from CNBC and CNN. But maybe you think those are also 'credible' sources..?

    Mark
    Mar 5, 2013. 10:31 AM | 3 Likes Like |Link to Comment
  • Mongolia Revokes Licenses On Rio Tinto Mine [View article]
    Marpy,

    The confusion stems from getting information from people that are not on the ground. No intelligent investor or speculator should do that.

    Mogi and Nick, plus John Springer are about the only 3 I would pay attention to. Mogi and Nick are both in UB.

    Mark
    Mar 4, 2013. 08:08 PM | 4 Likes Like |Link to Comment
  • Mongolia Revokes Licenses On Rio Tinto Mine [View article]
    We have written extensively on Mongolia as well at CapitalistExploits.at

    This is a populist hiccup. ALL of our sources within Mongolia are bullish. This is classic blood in the streets stuff. As a speculator it is what we live for.

    If you are a conservative investor, wait for confirmation, there will be plenty of time to make money in Mongolia!

    Mark
    Mar 3, 2013. 09:20 AM | 6 Likes Like |Link to Comment
  • Mongolia Revokes Licenses On Rio Tinto Mine [View article]
    Goldozone,

    Your comments on Mongolia are inaccurate. China is as far from calling the shots in Mongolia as you are.

    Also agree with Marpy, this is old news and the situation is fluid.

    Long TRQ and long EGI.

    Mark
    Mar 1, 2013. 11:31 AM | 9 Likes Like |Link to Comment
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