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Gold/Mining/Energy : Millstream Mines (MLSM)
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To: hugh thorne who wrote (152)7/9/1999 5:46:00 PM
From: Brumell  Read Replies (1) of 664
 
Just another quick tid bit, Hugh, Talked with MLSM I.R. today. Word is the third drill will be starting on the newly discovered anomalies before the July 20th date given in their last NR. While no date was given, later next week would appear likely for this start.

I've been trying to guesstimate timing for each branch hole to be drilled. Wish we had an experienced driller on this thread. Word I get is that it will be quicker and cheaper than drilling new "master" holes but still time consuming. Each wedge apparently provides about 3 degrees of deflection so several wedges are required for each branch hole and setting each wedge can take time. From other investments, I know wedging has it's risks. Try for too much deflection and the bit and rod can be jammed and/or lost causing other potentially serious problems including use of the master hole. With Bradley they have experienced drillers but progress may not be as rapid as first thought and they'll be starting with the bottom branches first.

Regards,

Bob
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