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Gold/Mining/Energy : MILL CITY MIY-V

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To: Ron Waller who wrote (89)3/12/1997 7:51:00 PM
From: G Young   of 707
 
I just don't know what to make of this stock. Nothing seems to move it except a full on IR promo.

Good news from Indonesia before Christmas. No movement. I justify it thinking that everyone's a bit gun shy about Indo as it looked like Bre-X was getting burned.

Good news from Cuba several times. No movement. Justification: Helms Burton Law is in the news too much; no one wants their money tied up in Cuba just now.

Good news out of Ontario. No movement. Justification: none. I sold half my 8000 shares two weeks ago to try to catch some of the other mining stock rockets that are going off left right and centre.

I think I'll wait one more week before considering jettisoning the rest of my MIY. I'm hopeful but not overly.
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