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Gold/Mining/Energy : MILL CITY MIY-V

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To: G Young who wrote (128)4/3/1997 6:29:00 PM
From: HAZ   of 707
 
Your absolutely correct, the outstanding shares keep increasing and I'm not planning to buy additional shares.

The good news is that if they keep finding more deposits within a short distance of other depostis in Cuba and if the total resource is something respectable like 3 - 5 million ounces of gold and a kazillion pounds of copper, this will give the stock a real value rather than pure speculation value, which is worth much less POST BRE-X .

The Ontario gold mine is also looking promising for increasing the reserves also, so as long as they are drilling, then we still have a chance.

I would consider putting in a lowball offer around 0.20 - 0.22 and see where is goes.

Best of Good luck
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