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Gold/Mining/Energy : Millstream Mines (MLSM)

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To: hugh thorne who wrote (156)7/14/1999 11:10:00 PM
From: Brumell  Read Replies (1) of 664
 
Had a telephone chat with MLSM I.R. today. I got a bit of information but not everything I wanted.

Regarding the drilling, apparently everything is progressing well and they are getting the "most favourable" results they were expecting. HDG people visited the site yesterday and all were happy, I'm told.

Try as I might, I couldn't pin them down on when we might expect assay reports. The only thing I got was that they will be released in a batch which would imply two or more. My hunch is we are in for a wait but that's only a hunch. It was indicated that 3 of the deep branch holes are at or near completion.

At this point I'm reasonably comfortable with the situation but would be happier if the daily trading range was a bit higher as I expected it would be. Guess I have to make do with what we have.

Without naming names or putting words in peoples mouths, I think things are going very well although possible slower than anticipated(that's only opinion). The people I talk with do their job well. They are available and open but they keep within limits. If they can't or don't want to answer a question, they waltz around it which is fair enough. FWIW I think we are in good shape with this one - just wish the results were a little faster coming.

Bob
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