MILL CITY MIY-V Message Board

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Gold/Mining/Energy : MILL CITY MIY-V

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To: G Young who wrote (128)	4/3/1997 11:11:00 PM
From: wole	of 707

I don't see anything bad in todays news release. The exercise price of the expired warrant is 42 cents while the stock was trading in the 25-28 cents range. It is obvious that those warrants will be allowed to expire. Also, someone paid 35 cents for 1 million units of a stock that has just traded as low as 26 cents. That is a bullish sign in my book. Average price for the recent issue is 38 cents, that is including the one-half share purchase warrants. This is one and a half times the current market price. These are all good signs. Of course beauty, as they say, is in the eyes of the beholder......Wole

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