Mongolia Growth Group Ltd. Publishes March 2012 Monthly Letter to Shareholders - MarketWatch: "Ulaanbaatar, Mongolia, Apr 03, 2012 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its March 2012 letter to shareholders.
March 2012 Shareholder Letter
To the Shareholders of Mongolia Growth Group Ltd.,
Based on preliminary estimates, for the month of March, MGG was cash flow positive in aggregate as a company. When we look at our company, we really are looking at three distinct reporting entities. We have property, which has been cash flow positive for quite some time. We have insurance which has been roughly break-even for the last few months, mainly due to judicious cost controls. Finally, we have corporate which has been a user of cash since inception."
'via Blog this'
