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Gold/Mining/Energy : MILL CITY MIY-V

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To: Don Plant who wrote ()3/18/1997 11:10:00 AM
From: HAZ   of 707
 
Don, I agree with your statement, the show is just starting on this stock, they have more than a few irons in the fire and any good news from any one of them should help move the stock higher. If in fact smart money is moving in, then the stock should establish a higher trading range in the near future, 0.45 to 0.60. It has been steadily increasing in volume recently and had a very abnormally high volume of over 1 million shares on March-17, more than likely linked to the company's press release relating to a Kimberlite discovery by Cypango.
I thought the release was missing in technical information, when you compare it to other press releases of other kimberlite discoveries such as Aston's Buffalo discovery. Statements from Kaiser's Bottom Fishing report suggests that 1997 will be the last year of diamond mining stock promotions and every company will be milking the capital markets when the opportunity arises.
Cheers !
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