BERAL, INC.
Andrew Racz
Director of Research
300 East 54 Street, Suite 26C
New York, NY 10022
Phone: (212) 319-6949
Fax: (212) 753-1944
E-mail: mlikar@aol.com

Mongolian Gold

January 8, 2008

I dedicate this thesis  

To the Mongolian People

The Prime Minister

The Cabinet

The Parliament

It is my firm belief that any politician rather elect to deliver $1.5 B for a population of 2.5 M within a year, $600 per person than a picture of the Congress of Vienna, which lasted a full year. It was the largest negotiating session in the last two decades.

The advanced marketing technologies of the international stock exchanges, the modern ideas of financing derivates of the snow covered assets of mines is now a reality. It converts the future gold production into recognized financial instruments and cash.

I discovered Gold Indexed Bonds 25 years ago. 
It works.

My best target is Mongolia! The sister nation of my native country, Hungary.

The Mongolian government, the Mongolian Parliament are the willing victims of an unnecessary dilemma.

Mongolia is a very rich country. Mongolia’s future is bright. The political campaign that is being waged today designed for the merits of the current and future generation of Mongolia can be resolved by ordinary mathematics by application of advanced investment techniques. These solutions are the proper application of the vast progress the international stock markets have made and the modern financing techniques which are available to every country in the universe. A rich country like Mongolia could be the Number One Customer.
 

Let us now concentrate on the beginning!

  1. Mongolia’s assumed gold reserve is 32 million ounce. The estimated 1 million ounce gold production in a full year of mining with the assumption of $1,000 price per ounce of gold is $1.0 billion.

  2. According to classical theories, this would represent a total value of $32 billion. Assuming no particular dramatic increase in the price of gold, simultaneously with the discounted value of the yearly production, we could conclude that Mongolia can produce 32 billion ounces of gold. If we assume that the discounted value and the future increase of price of gold will equal one another, the total value of the reserve is about $30 billion to $40 Billion.

Total mining reserve

32 million ounce of gold

Current gold price

$860/ounce

Yearly production

1,000,000 ounce

First full year of production

2010

Estimated revenue to Mongolia

 

(after discounts & capital expenditure in 2010)

$300 million

Capital expenditure

$1,500,000

For mathematical illustration, we assume an equal split between the producing companies – RTZ and Ivanhoe, commonly called The Ivanhoe Group, and Mongolia – the value of gold reserves of Mongolia is about $16 billion. However, Mongolia is projected to draw only $300 M in 2010 and $500 M in 2011.

I would like to mention that these numbers are not politically accurate. I simply produce the underlying tables to illustrate as a starting point for our presentation.

It should, however, be pointed out that there have been several years of negotiations for the so-called Investment Agreement, that it would take two years to get to production, that it would cost $1 billion to the Ivanhoe Group to get the mines into the production stage, and we are disregarding the usual vagaries accompanying the mining industry which can cause very serious dislocation.

3.

 

The following tables summarize what I call the starting point for a corporation. Let us call it Mongolian Gold, and let us list it on the NYSE, with the ticker MGG. Let us designate and refer to as the way business is conducted in the 20th century. My report to the Mongolian people, to the Mongolian Cabinet and Parliament is a cheerful presentation of the methods available in the 21st century.

 

 

 

4.

 

In the 21st century, the international stock markets have advanced, and it is possible to discount future values to create early cash receipts. It is expected, however, in no uncertain near-term, that every contract between any at al parties are legally set and binding.

 

 

 

5.

 

Going back to our original numbers, valuing the gold reserves at $32 billion of which $16 would then belong to Mongolia, it is quite possible to form a public company and place the entire gold reserves and future products of Mongolia into this company. This company will have international status; it will be in the billion dollar class; therefore, it can be listed on the New York Stock Exchange, on the London Stock Exchange, in China, in Hong Kong, and possibly in Zurich, Switzerland. We name it MONGOLIAN GOLD.

     

 MONGOLIAN GOLD
 (MGG – NYSE)
 PRICE: $10
 Share capital:

Authorized: 100,000,000
Issued: 13,000,000
Mongolian ownership: 6,500,000

     

6.

 

Assuming that such a company is being formed, its initial market value will not be called excessive if we call it $13 billion. After all, gold production is 2 years away. Please keep in mind the following:

       
   

a:

Gold Production has to be covered by an iron-clad agreement of the so-called Investment Agreement. A public company cannot operate with political uncertainty. A public company can operate with financial uncertainty, with prices dropping to $600 per ounce of gold or going to $2,000 per ounce of gold, but the corporate structure has to be confirmed by all the levels of power, including the Mongolian Parliament, Mongolian Cabinet, and the government. Similar commitment has to be obtained from the so-called Ivanhoe Companies, namely Rio Tinto, Inc., Ivanhoe, and Entree Gold.

       
   

b:

The corporation which we call Mongolia Gold has to provide a projection schedule whereby gold is to be produced approximately two years after starting the company. This is essential if we want to pre-sell at least one year’s production of 1 million ounces of gold, which we can value at $1,000 per ounce. We could then raise $1.0 billion.

       
   

c:

The Mongolian Gold would then be 50% owned by Mongolia, 50% by The Ivanhoe Group, each receiving $6.5 billion worth of stock. Let us now go through a corporate set and indicate all visible benefits to Mongolia.

       
   

d:

First, 1 million shares are offered to the public exactly at billion dollar value. The shares can be exchanged for either $1,000 value in two years’ time, can be exchanged for gold produced by the company valuing every $1,000 with one ounce of gold. If the gold price is about $1,000, the stockholder to whom originally the billion dollar value shares are sold will receive the scrip shares, which is an option on further value of the shares. This is called MGG – warrant with NYSE listing.

       

This is how the arithmetic and market procedure will work. Mongolia would receive a nett of 500,000,000 shares. If the value of each share of Mongolia’s is $10 a share, 650 million shares are valued at $6.5 billion.

Simultaneously, the Ivanhoe Group will receive the same shares.

The million shares which were sold at $10 would be listed on one of the recognized stock markets.

If after two years the shares would receive $10 value gold, which means that gold is at $1,000, the shares would be at parity. However, gold can fluctuate and the original shares while exchanged for 1,000 ounces of gold would then be freely tradable and become optioned or script on the remaining shares of the entire company.

This warrant would be extremely speculative and volatile. The owners of those shares in two, three, or four years’ time may receive enormous return, a very big return, on their values.
 

After two years, the 100,000,000 (x) shares that are sold for $10 can be exchanged/redeemed for 1 ounce of gold in value.

If the price of gold is over $1,000, investors will receive a “gold script”; a new share exercisable at $1,000 in gold.

The script is listed, tradable. Like the British War Loan – it is nonredeemable.

  1. MG sell $1.0 billion value, indexed stock at $10.
  2. After 2 years, $10 value can be redeemed for $10.
  3. Issue Script.

Let us now look at the benefits to Mongolia of this structure.

  1. The company would raise $1 billion immediately. These monies, 50% belong to Mongolia.
  2. The underwriting company of Mongolia Gold, however, can float $2 billion convertible bonds into corporate shares, which would cover all the construction equipment necessary for completing the mine, which would then produce the gold.
  3. This method would eliminate the heavy capital cost which at the moment would lean on the Ivanhoe Group. All the capital necessary would come from the stock market as opposed to the balance sheet of the individual companies.
  4. It would enable Mongolia to take its $500 million, or let’s say $1 B in loan immediately for benefit of the country.
  5. Furthermore, with this portfolio of $5 billion in MGG stock, Mongolia as a nation can borrow probably a billion dollars. This would then create a picture that the government can deliver $1.5 billion to a population of 2.5 billion and begin the long-term construction and modernization program that Mongolia badly needs.
  6. I would like to emphasize that this could happen all in the year 2008 instead of the year 2010 or 2011, when all the work on creating a producing mine is completed.
  7. It is my firm belief that any politician rather elect to deliver $1.5 B for a population of 2.5 M within a year, $600 per person than a picture of the Congress of Vienna, which lasted a full year. It was the largest negotiating session in the last two years.
  8. The value of the stock, however, is likely to increase. We have started with the original market value of $13 billion. However, if the 32 million ounces of gold becomes a credible reserve and goes to the construction phase, the valuation would at least double and the total estimated value of the company could double.

The stock (MGG) would be then listed as the world’s Number One gold company. Very big reserves, easy production, very strong backing, and if all the political doubts are eliminated, the stock would get the highest evaluation of any gold company in the world.

Let us carry this argument further. Let us go into 2010 or 2011 when full production is underway. The gold that is produces and sold goes into Mongolia Gold. If every year a million ounces of gold is sold for a billion dollars, the billion dollars can fully or partially dividend out to the stockholders. Mongolia is the largest stockholder. In other words, out of a billion dollar new production, the company can take let’s say $300 million out of dividend annually.

Let us now compare two charts, the old chart – the 20th century chart – and the 21st century chart. The year, let’s say, is 2015 and we assume that the production is at the million ounces a year, the price of gold is $1,500, and that Mongolia at least would take 30% of its yearly income out as dividend.
 

Let us carry the argument even further. It is possible that in the year 2015 the price of gold will be $2,000. IT is possible that if 21 million ounces is discovered, it will be 40 million ounces discovered. Let us now look at Mongolia’s wealth after its original $5 billion valuation stock becomes $15 billion. The picture is realistic and practical and certainly beneficial 15 years later, not only the current generation but the future generation.

The argument can now go even further. With the cash reserves and production of Mongolia Gold in trusted hands led by Rio Tinto, Inc. it is not a passive ownership but an active ownership. The operating management would be able to build an international mining company, an international gold company, an international conglomerate, and become one of the world’s most powerful companies, such as Anglo American was for almost a century, such as Rio Tinto and BHP is in 2008. It is a company itself which can alone supply Mongolia with the new monetary reserves to build the future for the future generation.

The argument is not over. Mongolia has copper and it has 6.4 billion ounces of copper. The same argument as we made with Mongolia Gold can be applied to Mongolia Copper.

I don’t see that I am considered an overly optimistic visionary if I point out that Mongolia not only has gold and copper, it has uranium, it has molybdenum. The emergence of Mongolia Gold would be a very positive factor for the Mongolian stock market, and a whole series of companies will be formed, with joint ownership or partial ownership, which would make the Mongolian stock market lively and the country even richer.

Let me quote the famous words of John F. Kennedy: Let us begin.

My message to my Mongolian friends and the message to all parties concerned is that there is a time when instead of protected negotiations and bickering, we apply our intelligent common sense and construct a picture which is fruitful for people who live today on this planet and can be extremely fruitful for the future generation. Let us go back to history. Negotiate or settle? Was Munich necessary? Actually, the biggest danger of a 21st Century Versailles – an armistice not a peace treaty. A Mongolian version of Versailles can obliterate the Mongolian miracle.

The two go together. To create a picture which sacrifices the current generation for the future never existed in history. We can do both but we have to utilize the tools of the 21st century.

Obviously, the 21st century is different. Today 7 billion people work. Today gold is valuable and is going to be much more valuable, because gold is one of the key monetary reserves and currency with which we finance international trade.

All people participate in this long discussion. I have to analyze the techniques, the methods of the 21st century. The 21st century says that we rely on the people’s attitude toward work. We rely on the people’s attitude toward decency, but at the same time we use the marketing tools and the mathematics of the 21st century so that our century will be called the Century of Progress, instead of unfortunately my generation has learned, a Century of Warfare.

Let me quote President Kennedy again:

Let us never negotiate out of fear and ignorance,
but let us never fear to negotiate.

Disclaimer

Information contained herein is based on data obtained from recognized statistical services, issuers reports or communications or other sources believed to be reliable. However, such information has not been verified by us and we do not make any representation to its accuracy or completeness. Any statement non-factual in nature constitutes only current opinions which are subject to change. BERAL INC. or their officers, directors, analysts or employees may have positions in the securities or commodities referred to herein, and may as principal or agent buy and sell such securities or commodities. An employee, analyst, officer or a director of BERAL INC. may serve as a director for companies mentioned in this report. Neither the information nor any comment expressed shall constitute an offer to sell or a solicitation of an offer to buy any securities or commodities mentioned herein. There may be instances when fundamental, technical and competitive opinions may not be in concert. This firm may from time to time perform investment banking or other services for or which investment banking or other businesses from any company mentioned in this report.

 

Archive

Bunker Hunt Article
Posted October 27, 2014

Lamb Realty.
Posted October 15, 2014

Chiquita Brands International
Posted August 20, 2014

Emerson Radio
Posted August 24, 2014

Evercore Partners Inc.
Posted August 5, 2014

Moelis & Co.
Posted July 22, 2014

Torchlight Energy Resources, Inc.
Posted May 21, 2014

Andrew Racz
Posted May 19, 2014

Royal Nickel Corporation
Posted May 02, 2014

Recorded Interview Robert Schermer, CEO
Posted March 15, 2014

Cowen Group, Inc.
Posted March 5, 2014

Pacific Booker Minerals Inc.
Posted February 4, 2014

Sandstorm Gold Ltd
Posted January 24, 2014

Global X Gold Explorer ETF
Posted January 16, 2014

Bring Back Mr. Giuliani
Posted December 24, 2013

Gold Reserve Inc.
Posted October 15, 2013

Premier Diagnostics Health Services Inc.
Posted September 25, 2013

Almaden Minerals
Posted September 3, 2013

Electric Cars In New York City
Posted August 27, 2013

The World Without Gold
Posted July 2, 2013

Remembering Mr. Churchill
Posted June 10, 2013

Financial Transactions in the Digital Age
Posted May 15, 2013

Senator Chester Crandell ( R ) Arizona
Posted May 7, 2013

Explor Resources Exs V
Posted April 14, 2013

The Gathering Storm
Posted April 9, 2013

Vietnam - West of Hong Kong
Posted March 11, 2013

Vietnam – In Peace!
Posted February 26, 2013

Wisdomtree Investments Inc
Posted January 28, 2013

Explor Resources Inc.
Posted November 28, 2012

Oremex Silver Inc.
Posted September 18, 2012

Alphamin Resources Corp.
Posted July 26, 2012

Harvest Natural Resources
Posted July 20, 2012

The Man Who Was Created by Gold
Posted July 06, 2012

Recorded Interview With Zach Erdem, President
Posted June 20, 2012

Nortec Minerals Corp.
Posted May 01, 2012

The Fundamentals of Chesapeake Gold Corporation
Posted April 16, 2012

Jourdan Resources Inc. (JOR.V)
Posted March 20, 2012

THE IMF
Posted February 27, 2012

Gold Index Bonds - To Avoid the Money Traps
Posted February 2, 2012

Monarch Casino & Resort, Inc.
Posted February 01, 2012

QMC Quantum Minerals
Posted january 19, 2012

African Metals Corp.
Posted December 21, 2011

The Crisis That Almost Wasn’t
Posted December 7, 2011

DNI METALS, INC
Posted November 18, 2011

The Crisis That Almost Wasn't
Posted November 15, 2011

Ocean Power Technologies, Inc
Posted October 19, 2011

The Mongolian Economic Miracle
Posted October 12, 2011

H. Hunt
The Son of Bunker Hunt
 
Posted August 24,2011

Sandstorm Gold
(SNDXF - NASDAQ)
Posted August 15, 2011

"Silver At $200
Posted July 29, 2011

"First Majestic Silver Corp
 Posted July 26, 2011

"Interview with Brian Kirwin,
President
American Bonanza Gold Corp"

Posted July 21, 2011

"Interview with Ian Foreman
President
Yale Resources Ltd."

Posted June 16,2011

"Interview with Brandon Mckee
Callinan Mines
By Andrew Racz "

Posted June 1, 2011

"Andrew Thompson Interview Soltoro Ltd."
Posted May 15, 2011

"Great Panther Silver Limited"
Posted March 29, 2011

"The 21st Century's Marshall Plan"
Posted March 17, 2011

"Interview With
Houston Hunt"

Posted February 23, 2011

"Esperanza Resources Corp."
Posted February 23, 2011 

"Douglas Lake Minerals"
Posted January 11, 2011 

"Do not bet against Casablanca"
Posted December 10, 2010 

"Palladium"
Posted December 8, 2010 

"Full Circle"
Posted November 19, 2010 

"REMX - NYSE ARCA - MV.RARE EARTH/STRATEGIC METALS"
Posted November 8, 2010 

SilverCrest Mines, Inc.
Posted October 26, 2010

Cache Exploration, Inc.
Posted October 22, 2010 

Silvore Fox Minerals Corp.
Posted September 29, 2010 

Almaden Minerals, Ltd.
Posted August 16, 2010 

"The Path Of A Hungarian Immigrant"
Posted August 12, 2010 

"Interview With
Mark Hazout -
Silver Dragon Resources
"

Posted June 24, 2010

"Who Owns Whom At The Final Tally"
Posted June 15, 2010 

"The World Needs
Bunker Hunt.
"

Posted May 24, 2010 

"Arafura Resources "
Posted April 15, 2010 

"MF Holdings LTD"
Posted April 7, 2010 

"Quest Uranium Corporation"
Posted April 5, 2010 

"Lynas Corporation, LTD"
Posted March 19, 2010 

"Rare Element Resources LTD"
Posted February 9, 2010 

"Mexco Energy Corporation"
Posted January 4, 2010 

"Claude Resources"
Posted December 16, 2009

"The Silver Spirit"
Posted November 25, 2009 

"... from Casablanca to Monte Carlo."
Posted November 20, 2009 

"Sutter Gold Mining, Inc."
Posted November 16, 2009 

"Whose Friends Are They Anyway?"
Posted November 4, 2009

"U.S. Energy Corporation"
Posted October 28, 2009 

"Harris & Harris"
Posted October 13, 2009


"They Made A Difference"
Posted September 30, 2009 

"Bridge Bancorp, Inc"
Posted September 22, 2009 

"Entree Gold - September 2009"
Posted September 3, 2009 

"Who Lost Mongolia"
Posted August 16, 2009 

"Mongolian Prime Minister Sanj Bayar -
A politician of the 21st century"

Posted July 16, 2009 

"Romios Gold"
Posted July 7, 2009 

"The Grand Alliance"
Posted July 6, 2009 

"Sandstorm Resources, Inc."
Posted June 22, 2009 

"Ireland, Inc."
Posted June 16, 2009 

"The Brave New World! - Gold at $1000"
Posted June 5, 2009 

"Claude Resources, Inc."
Posted May 28, 2009 

"Bullion Management Group"
Posted May 11, 2009

"Golden Hope Mines, Inc. - Retraction"
Posted May 4, 2009 

"Silvercrest Mines, Inc."
Posted April 1, 2009 

"Silver Dragon Resources"
Posted February 27, 2009

"In Gold We Trust"
Posted February 26, 2009

"Entree Gold: An Unusual Asset Accumulation"
Posted February 20, 2009 

"The Ultimate Colorful Fate of Edmond Safra, Bernie Madoff, and Governor Bill Richardson"
Posted January 12, 2009

"Silvermex Resources, LTD"
Posted December 13, 2008 

"Prime Minister of Mongolia"
Posted December 11, 2008 

"US Gold Corporation"
Posted December 1, 2008 

"Rubicon Minerals"
Posted November 5, 2008 

"Gold Coins & The Money Game"
Posted October 29, 2008 

"Gold and the Chinese Millennium"
Posted October 20, 2008

"JNR Resources, Inc."
Posted September 30, 2008

"Three Immigrants In Front Of The Court"
Posted September 24, 2008 

"Governor
Walter J. Hickel Interview"

Posted September 11, 2008

"The Alaskan Queen"
Posted September 9, 2008 

"Evercore Partners, Inc."
Posted September 3, 2008 

"Stalin In The
White House"

Posted September 2, 2008 

"Cal-Maine Foods Inc."
Posted August 4, 2008 

"The Mongolian Revolution"
Posted July 10, 2008 

"Mongolian Newsletter, First Edition"
Posted July 2, 2008 

"Goldsource Mines, Inc."
Posted July 1, 2008

"The Douglas Lake Story In The Age Of Fear"
Posted June 25, 2008 

"Mongolia: The 10th Richest Country in the World"
Posted June 10, 2008 

"North American Gem, Inc."
Posted June 5, 2008 

"The Emergence of Tanzania"
Posted June 4, 2008

"Tanzania - An Up & Coming Mineral & Agricultural Producer In Africa"
Posted June 2, 2008

"Western Potash Corp.
(WPX-VSE) "

Posted May 12, 2008 

"Judy Garland &
The Subprime Crisis"

Posted April 29, 2008 

"Altek Power Corp."
Posted April 27, 2008 

"Letter to Prime Minister of Mongolia"
Posted April 24, 2008 

"The Mongolian Manifesto"
Posted April 4, 2008 

"Prime Minister Sanj Bayar of Mongolia Receives The Nobel Peace Prize"
Posted March 17, 2008 

"Olympus Pacific Minerals, Inc."
Posted February 28, 2008 

"Tanzania Gold - Douglas Lake Minerals - Harp Sangha"
Posted February 21, 2008

"Warren Buffett Receives A Call From Franklin Roosevelt"
Posted February 19, 2008

"Gold At 2000!!"
Posted February 14, 2008

"Entrée Gold, Inc"
Posted February 11, 2008

"The Unexpected
Mongolian Dilemma"

Posted February 2, 2008 

"Mongolian Gold"
Posted January 8, 2008

"Sir, Do Not Abdicate"
Posted December 27, 2007

"No More Munich -
The Mongolian Version of 1938"

Posted December 11, 2007

"Watergate Saved Nixon's Life"
Posted November 28, 2007

"The Mongolian Wakeup Call"
Posted November 16, 2007 

"Sanj Bayar -
The Prime Minister of Mongolia"

Posted November 15, 2007 

"Stalin & Chavez"
Posted November 9, 2007 

"Tagish Lake Gold Corp."
Posted November 1, 2007 

"Gold Indexed Bonds"
Posted October 11, 2007

"Jasper Mining Corporation"
Posted September 27, 2007

"Ghengis Kahn Returns"
Posted September 27, 2007

"Interview with Professor William Pfaffenberger - Torch River Resources"
Posted September 22, 2007 

"Interview with
Jim Davis - President of Leeward Capital Corporation"

Posted September 4, 2007 

"Interview with
David Hjerpe - Newmac Resources, Inc."

Posted August 27, 2007 

"The Age of Special "Corporate" Relationships"
Posted August 23, 2007

"Entrée Gold Inc."
Follow Up Report #1

Posted July 24, 2007

"Aldershot Resources Ltd."
Posted July 16, 2007 

"Portal Resources"
Posted June 12, 2007 

"Ghengis Kahn Was Hungarian"
Posted May 31, 2007

"Bayswater Uranium Corp."
Posted May 30, 2007 

"Brilliant Mining Corp."
Posted May 22, 2007

"Golden Valley Mines, Ltd"
Posted April 21, 2007

"Warren Buffett - Franklin Roosevelt"
Posted March 15, 2007

"Rubicon Minerals Corp."
Posted March 1, 2007

"Robert Friedland -
The Man of The Year"

Posted February 21, 2007

"Lexam Exploration, Inc."
Posted February 11, 2007

"My Father Died In Auschwitz"
Posted January 19, 2007

"WisdomTree Investments, Inc."
Posted December 26, 2006

"Entrée Gold Inc."
Posted December 13, 2006

"Aero Mechanical Services, Ltd"
Posted November 17, 2006

"This Year I"m Voting For Dick Nixon"
Posted November 7, 2006

"Global Options
Group, Inc."

Posted November 1, 2006

"The Arrival of the
Nickel Billionaires"

Posted October 18, 2006

"The Kennedy-Nixon debate revisited"
Posted October 4, 2006

"Brilliant Mining Corp."
Posted September 17, 2006

"A Matter of Reasonable Doubt"
Ken Lay - Enron

Posted August 30, 2006

"Silver Wheaton - SLW"
Posted August 28, 2006 

"Silver In The
Twenty-First Century"

Posted August 16, 2006

"The Age of Mediocrity"
Posted July 19, 2006

"Let There Be Sunshine"
Kirk Kerkorian

Posted July 12, 2006

"Oil & Gas
Energy Crisis Solution"

Posted July 3, 2006

"I Am An Immigrant!"
Posted June 7, 2006

"Northern Star
Mining Corp."

Posted May 19, 2006 

"Gateway Gold:
It"s A Gold Story"

Posted May 15, 2006

"Ken Lay's Legacy"
Posted May 8, 2006

"The Principal Guest Was Missing"
Posted April 25, 2006

"J.P. Morgan Offers Advice To Ken Lay"
Posted April 11, 2006

"Pocketful Of
Miracles"

Posted April 8, 2006 

"Midway Gold
Corporation
"
Posted March 23, 2006 

"Harvest Gold"
Posted March 2, 2006 
 
"Sparton Resources"
Posted March 1, 2006 

"Interview with
Robert McEwen-
U.S. Gold Corporation
"
Posted February 22, 2006 

 
"A Tribute to
Rudy Giuliani
"
Posted February 15, 2006
 
"Your Money Is Not Yours"
-Enron & Martin Siegel, Esq.

Posted February 9, 2006

"Other People"s Money -Enron & Martin Siegel, Esq."
Posted January 28, 2006

"Northern Star Mining"
Posted January 16, 2006 
 
"Sonesta International Hotels Corporation"
Posted December 29, 2005 

"The Currency of Mass Destruction"
Posted December 5, 2005
 
"Bunker Hunt-Silver-China"
Posted November 28, 2005

"50 Relatives Worse Than Yours"
Posted November 14, 2005

"Then And Now"
Posted November 9, 2005 

"The Business of Hungary is Business!"
Posted October 31, 2005

"Mr. Prime Minister"
Posted October 13, 2005
 
"U.S. Gold Corp."
Posted September 29, 2005

"Orezone"
Posted September 23, 2005

"Mr Clarke -
Call In The Boys"

Posted September 12, 2005
 
"A Letter To
President Bush"

Posted September 8, 2005

"Mr. Smith Goes To Hungary"
Posted September 1, 2005
 
"Orko Gold"
Posted August 18, 2005

 "Near Hit"
Posted August 16, 2005

"An African Queen"
Posted August 11, 2005

"1848 and Beyond"
Posted August 4, 2005

 

 

Andrew Racz. 300 East 54 Street, Suite 26C, New York, NY 10022
Phone: (212) 319-6949 Fax: (212) 753-1944. E-mail: mlikar@aol.com

Copyright © 2011 Andrew Racz. All Rights Reserved.

Disclaimer