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At one point on Friday afternoon, Twitter’s stock was trading for under $ 16. 50 a share, down from nearly $25 earlier this month, when acquisition rumors began heating up. One analyst says it may be time for some cost-cutting, including layoffs, since the firm hasn’t been able to grow its way to profitability.

Mongolia seemed a blessed land, with growth rates — over 17% in 2011 and around 12% in each of 2012 and 2013. Mining was the promise in a country with annual GDP per person of less than $ 2, 000 just five years ago and $ 4, 000 today. Some $ 3 trillion of get-at-able minerals are thought to lie under a country bigger than France, Germany and Spain combined, equivalent roughly to $ 1 million for each of nearly 3 million Mongolians.